Russia’s Prime Minister: Bear Market Is Not a Reason to Bury Cryptocurrencies.

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Pointing to the extraordinary volatility volumes in the past year, the Prime Minister Medvedev argued that it is not a reason to “bury” cryptocurrencies, stressing that any social and economic phenomena has both a bright side and a dark side.

“But sure, it is not a reason to bury them [cryptocurrencies]. There is both a bright side and a dark side here, as well as in any social phenomena and any economic institution. We should monitor carefully what is going on in the space.”

Earlier this week, the head of Russia’s Committee on Financial Markets stated that the lower chamber of the Russian parliament is planning to discuss a draft bill on crypto regulation in January or February. Read More Here

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