Bitcoin and crypto money statement from the Central Bank of Russia! “Is there a BTC reserve plan?”

Bitcoin ve Crypto paraNew statements came from the Central Bank President in Russia, where important steps were taken in the use of the s.

Speaking at a press conference today Russian Central Bank President Elvira Nabiullina, He said that the central bank has no plans to add crypto currencies to reserves like Bitcoin.

Nabiullina, who describes crypto currencies such as Bitcoin as risky and unstable, said that high volatility makes the crypto as a means of payment or value storage.

Nabiullina, who closed the door to the Bitcoin reserve idea and crypto, said:

“The most important features of the reserve money for us is that this money can be used in large amounts and rapidly without a significant depreciation during the period of minimum exposure to liquidity, credit and market risks.

Bitcoin and crypto coins do not meet them. So there is no plan to add Bitcoin to the reserves.

Although crypto currencies can carry value as a personal investment, volatility pays them and makes them inappropriate to become a means of storing value. ”

As it will be recalled, Bitcoin and other crypto beings seized by Evgeny Masharov, a member of the Russian Civil Chamber, suggested that other crypto beings be used to create a government -backed crypto currency fund.

The primary purpose of this fund will be to generate revenue for the government and to support various social projects.

Despite the reservations of the Central Bank of Russia, crypto currencies continue to be used in many areas in Russia.

*It is not an investment advice.