MOSCOW (Reuters) – Russian Finance Minister Anton Siluanov said on Monday that cryptocurrencies should be traded only by professional investors, not in the mainstream.
“Professional market participants should work with crypto-currencies, not ordinary people,” Siluanov said in an interview with Rossiya 24, a Russian state TV channel.
Russian authorities agreed in October to regulate the cryptocurrency market and pledged to set out how this regulation would work by the end of the year.
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(Reporting by Andrey Ostroukh; Writing by Polina Ivanova; Editing by Denis Pinchuk)