Many Russian experts share the point of view of the head of the Central Bank of the Russian Federation Elvira Nabiullina, who periodically criticizes Bitcoin and other cryptocurrencies. One of them, Vadim Kovrigin, associate professor at the Plekhanov Russian University of Economics, generally calls on the authorities to take measures to restrict citizens’ access to the digital asset market.
The economist said that he completely agreed with Elvira Nabiullina. He also believes that investing in cryptocurrencies is an extremely dangerous strategy. Bitcoin and similar instruments are not only volatile, they are also used in various fraudulent schemes.
Many states are already trying to limit the access of their citizens to such tools. Russia must follow the same path.
First of all, you need to protect those Russians who have no practical experience in trading from BTC and other coins.
Kovrigin said:
You can, for example, enter a qualification [для инвесторов] to gain access to the crypto market.
The state does not control the situation in the cryptosphere. Accordingly, it is unable to protect the affected investors. Therefore, the most correct solution to this problem would be to restrict access to such a market, the REGNUM agency quoted the economist as saying.
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