Bank of Russia governor insists buying Bitcoin is not on its agenda

The Central Bank of Russia has confirmed that it is not considering investments in cryptocurrencies like Bitcoin. Governor Elvira Nabiullina clarified that they view crypto as risky and will not include it in their reserves.

The CBR remains firm in its opposition to the use of cryptocurrencies for payments within Russia, emphasizing that only qualified investors and foreign trade companies can access these digital assets.

Recent discussions at the CBR indicate no plans to create a national cryptocurrency reserve, reflecting a cautious approach towards the volatile nature of digital assets.

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