Russia Dey Look State Crypto Bank to Help Miners, Curb Crime
Advisor for Russia Civic Chamber, Evgeny Masharov, don propose say make dem ready one crypto bank wey government go support to manage digital assets and make mining sector strong. Dis crypto bank plan, wey follow how dem do am for Belarus digital assets bank, go get one unified platform wey go run crypto payments through accounts wey Russian citizens get, and e go give miners better legal way to change their coins to rubles. Dem authority dem wan fit track transactions, block loopholes wey private exchangers dey use, make sure say dem dey pay tax well, and carry funds wey dem no show for book come federal budget. Dis plan na follow Russia experimental digital currency framework and proposal for one special exchange for big investors, e fit help improve market transparency, financial stability, increase government revenue plus stop illegal activities.
Bullish
Di proposal wey talk say make state help run crypto bank fit be good tin for the whole cryptocurrency market, because e mean say dem dey official, liquidity go better and miners go get regulated way to sell dia assets. For short term, the announcement fit make people dey trade more with ruble crypto pairs and make miners feel confi, while for long term, better transparency and state control fit make big investors come join and make market grow steady. But, the strict rules fit make some risk-taking traders scatter.