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Russia dismisses crypto for national reserves, citing volatility concerns – TON BOT

Russia dismisses crypto for national reserves, citing volatility concerns

Russia’s Deputy Finance Minister Vladimir Kolychev has dismissed speculation about including cryptocurrencies in the country’s National Wealth Fund due to their high volatility. He emphasized the importance of stability in the fund’s investment structure and stated that crypto assets are unsuitable for the fund at this stage. Kolychev also mentioned that there are no plans for a government-backed crypto reserve in Russia.


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