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News Wire / politics

Russian Urges Citizens To Invest Savings

GDELT Global Events Moscow 19d12d Impact 5
The head of VTB Bank has called for the acceleration of cryptocurrency market legalization in Russia. This follows the State Duma's first reading of a bill regarding cryptocurrency circulation, though the Central Bank reportedly does not yet consider crypto for payments or reserves. However, Central Bank Governor Elvira Nabiullina has not supported the introduction of cryptocurrency as a means of payment in the country. He stated that keeping cash under pillows does not benefit owners or the national economy. According to the source, 48 percent of the population currently keeps their savings in cash. Siluanov suggested investing in securities, stocks, bonds, or investment institutions instead. Finance Minister Anton Siluanov called on citizens to move money out of cash savings and into investment instruments.

Topics

cryptocurrency regulation banking

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Sources · 7 independent

GDELT Global Events

“Глава ВТБ призвал ускорить легализацию рынка криптовалют в России”

GDELT

“Goldman Sachs files for its first bitcoin ETF product - Moneycontrol . com В ГД внесен проект о лишении свободы за нарушение законодательства о криптовалюте”

ВЗГЛЯД

“Глава ВТБ призвал ускорить легализацию рынка криптовалют в России”

GDELT

“Глава ВТБ призвал ускорить легализацию рынка криптовалют в России”

GDELT

“Глава ВТБ призвал ускорить легализацию рынка криптовалют в России... ЦБ не рассматривает криптовалюту для платежей и резервов”

GDELT

“Глава ВТБ призвал ускорить легализацию рынка криптовалют в России Набиуллина не поддержала введение криптовалюты в качестве платежей в России”

Komsomolskaya Pravda

“Siluanov called on Arsenyan to take money out from under the pillow, as such funds do not work for either owners or the country's economy.”

Komsomolskaya Pravda

“Siluanov called on Arsenyan to take money from under the pillow, saying such funds work neither for owners nor for the country's economy.”

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