Published on October 11th, 2017 | by bitcoin0
Putin Says Cryptocurrency Poses a Serious Risk
Russian president Vladimir Putin said in a meeting today that cryptocurrencies pose significant risks related fraud and money laundering.
Quoted by Russian state news service TASS, Putin was speaking during a meeting that was focused on the subject of cryptocurrencies and financial tech more broadly.
In the meeting, he formally voiced his support for new rules around cryptocurrency trading, stating that Russia should look to international examples as a guide when developing those regulations.
Indeed, the meeting represents some of Putin’s most comprehensive comments on the subject to date.
In his new statements, Putin highlighted the rising profile of the technology, while also echoing those 2015 comments.