Russian Business Association Urged For Local Cryptocurrencies
Considering the other site of society. Russian Business association communicated Government to Approve Only Domestic Crypto currencies. Recently one of Russia’s leading public business associations has sent a proposal to the government asking them to approve only domestic cryptocurrencies in their upcoming cryptocurrencies legislation. The State Duma and the Federation council on Monday to officially permit only the circulation of domestic cryptocurrencies in Russia. The main aim of the proposal was to remove social evils. Looking at the crime activities in Russia definitely local crypto currency is very safe option.
Social Concerns
Association Avanti is one of Russia’s leading public registered society for entrepreneurs and businessmen. The association outlined many risks it associates with crypto currencies. “The issuance and circulation of foreign crypto currencies in the territory of the Russian Federation can lead to irreversible negative consequences. May be in the field of economic development of our state and its political stability. In Support by members of the Russian parliament, the association works with entrepreneurs, officials and regions to promote the idea of business patriotism. Foreign Cryptocurrencies are dangerous as too can stimulate new forms of universal evil such as terrorism, human trafficking, and drug trafficking. Furthermore decentralized control over the issuance of money, brings unpredictability.
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