Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists – Finance Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Cryptocurrencies seen by the Bank of Russia as a threat to the ruble and financial stability.

for 2021. Expanding on a long list of previously highlighted negatives related to digital currencies like bitcoin, the monetary authority stated:

There is a risk of undermining the circulation of money and loss of sovereignty for the national currency. The regulator is repeating earlier warnings that digital assets increase the risk of outflow of funds from the traditional financial system towards the still largely unregulated crypto market. This transfer of savings threatens the financial stability of Russian banks, the CBR says, quoted by RBC Crypto.

Bank of Russia remains concerned about the “well-being of citizens” as in its view, the growth of the crypto market forms a bubble while cryptocurrencies bear characteristics of financial pyramids. Investor protection is limited and investments in digital coins can be lost due to price volatility or as a result of fraud and cyberthreats, the CBR adds.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I'd like to know what would be if some banks worked with crypto exchanges like BFX

They just still can't decide whether they go full irrational dic(k)tatorship or cherry-pick some freedoms

🔥Join and Invite friends ➡️ MUSKBONUS

EllisonWarrenFX has been faithfull to me and I`m happy with his work. For a start I deposited $1000 and after a week got $5,400.00 returns.His accuracy and reliability 💯 EllisonWarrenFX

👆

TESLA perfectly 🌠💯 Free Airdrop DAY MUSKBONUS

🇷🇺 bank worried that rouble will be added to list of 💩coins

No one can influence the price except Bitsubishi's community because no one owns huge amount of supply other than its community and LP tokens have been also locked forever.

Thank me later

🔻 Bitsubishi PUBLIC PRESALE 💝⚡ From Apr 6th, 2022 at 16:00 (UTC) To Apr 27th, 2022 at 16:00 (UTC) 🔺 Pancake IDO: Apr 27th, 2022 at 16:00 (UTC)

Bitsubishi core features include (pointrightindex)fully Community Driven & Decentralized Infrastructure, Ultra-low processing fee, Minimal & Non-Mintable Supply...

Bitsubishi is unique because the complete supply of $BITSU has been allocated for its community and liquidity pool.

Bitsubishi is a 100% community-driven Digital Currency because the entire supply of Bitsubishi is owned by the Community, the Developers of Bitsubishi have a 0% supply of Bitsubishi and there's no Dev wallet.

What do you think about Bitcoin state at the moment, because its Fear and Greed index is 51 - NEUTRAL with price of 40973.489938389163 usd? Our analytical team has done detailed BTC research, but we want to hear your opinion too.

Be very careful of the $MTL coin, I swear it will go down to 1 $⛔️⛔️🔻🔻🔻

💎TRUFFLEFINANCE ✅ World's Fastest Rebase Protocol - Get Reward Every (3 Seconds) ✅ Fixed APY 980.990,50% ✅ Truffle NFT Collection - NFT Airdrop in Fair Launch ✅ Daily BNB Reward For NFT Owners - Play Truffle Social Game

💎TRUFFLEFINANCE ✅ World's Fastest Rebase Protocol - Get Reward Every (3 Seconds) ✅ Fixed APY 980.990,50% ✅ Truffle NFT Collection - NFT Airdrop in Fair Launch ✅ Daily BNB Reward For NFT Owners - Play Truffle Social Game

💎TRUFFLEFINANCE ✅ World's Fastest Rebase Protocol - Get Reward Every (3 Seconds) ✅ Fixed APY 980.990,50% ✅ Truffle NFT Collection - NFT Airdrop in Fair Launch ✅ Daily BNB Reward For NFT Owners - Play Truffle Social Game

💎TRUFFLEFINANCE ✅ World's Fastest Rebase Protocol - Get Reward Every (3 Seconds) ✅ Fixed APY 980.990,50% ✅ Truffle NFT Collection - NFT Airdrop in Fair Launch ✅ Daily BNB Reward For NFT Owners - Play Truffle Social Game

💎TRUFFLEFINANCE ✅ World's Fastest Rebase Protocol - Get Reward Every (3 Seconds) ✅ Fixed APY 980.990,50% ✅ Truffle NFT Collection - NFT Airdrop in Fair Launch ✅ Daily BNB Reward For NFT Owners - Play Truffle Social Game

💎TRUFFLEFINANCE ✅ World's Fastest Rebase Protocol - Get Reward Every (3 Seconds) ✅ Fixed APY 980.990,50% ✅ Truffle NFT Collection - NFT Airdrop in Fair Launch ✅ Daily BNB Reward For NFT Owners - Play Truffle Social Game

sounds really strange. usdt would save people from systemic risks, but obviously banks dont see it.

Obviously, keep it pumping but it wasn't an easy task to learning the routes on trading . bernie_Doranfx made it more easier to understand and have made over 5.3btc in space of 7 weeks interval. Follow him bernie_Doranfx

Are you a Bitcoin holder? Here is an opportunity to start earning over $25,000 weekly with Bitcoin when you invest with the right platform. I have made over $200k with the help of Mrs Betty Bitcoin signal. You can contact her on WhatsApp +19083789801

Create any business With Pack such as cafe, restaurant, accommodation, sports, entertainment.

trading has been alot easier for me since I came across this wonderful trader..i started with just little amount of $200 now am earning $2000 weekly profits..... it's amazing and am very happy.... message Mrs layahheil pern via WhatsApp now 👇👇 +1 (816)-866-5528

If you want to invest the money for the long-term then must put your money on Polytrade_fin

safest and secured platform to invest your money is Polytrade_fin

ElonGoatToken is about to get MAINSTREAM MEDIA attention when they deliver their $600,000 monument to ELON MUSK. I think Elon will Tweet $EGT SOON! Tg : elongoat egttoken egt elongoattoken claimyourgoat egtarmy elonmusk

it works MUSKBONUS

If you want to invest the money for the long-term then must put your money on Polytrade_fin

Where are such conclusions from? Cryptocurrencies are unlikely to be able to completely replace fiat money, although I would really like to. But it will not be a threat to it either.

check out this defi gem Polytrade_fin

👀

Is it possible to somehow reduce the fees?

Thank you very much_,, ahju

What is your opinion about the current Bitcoin state, since its Fear and Greed Index is 50 - NEUTRAL, with price of 40139.600192440035 usd? Our analytical team has done extended research regarding BTC, but we want to hear your opinion also.

Singapore Singapore Latest News, Singapore Singapore Headlines