The country’s central bank is “short-sighted” to not consider crypto as a means to fight inflation, a lawmaker said on Friday, according to a report.
The Russian parliament’s upper house has urged the nation’s central bank to become more open to cryptocurrencies, following a recent ban on their use. The statement came from the Senate’s economic committee chairman Vladimir Dzhabarov. “We consider that any ban on cryptocurrencies is a shortsighted measure that will only damage the development of the blockchain industry in Russia,” it said.
The Russian Central Bank has been critical of Bitcoin and other cryptocurrencies, but one of its members, Dmitry Skobelkin, has told people to stop worrying about cryptocurrencies and start looking at the real problems in the financial system.
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