It has been reported that Bitcoin Exchange Websites going to be blocked in russia. Sergei Shvetsov, first deputy governor of the Central Bank of Russia (CBR) dropped a clue of making it illegal at a financial markets conference.
Even President Vladimir Putin said on Tuesday that crypto-currencies is becoming more risky and might have been used for crime.
“The usage of crypto-currencies carries serious risks. I know the central bank’s position on that,” Putin said.
“Crypto-currencies are issued by an unlimited number of anonymous bodies. Thus buyers of crypto-currencies could be involved in unlawful activities,” Putin said.
In a conference in Moscow, Central Bank First Deputy Governor Sergei Shvetsov told that the currencies were “dubious” and investors needed to be protected.