Central Bank categorically against virtual currencies: crypto market news

El Salvador's government bought an additional 150 BTC, while the Bank of Russia spoke "strongly against" cryptocurrencies - these and other cryptocurrency market news in our daily review.

El Salvador's President Nayib Buquele said the authorities bought an additional 150 bitcoins on the first crypto's slideup to $45,000.

The Turkish authorities and the central bank have no problem with openness to cryptocurrencies, on the contrary, they are "waging a separate war and fight" against them, President Recep Tayyip Erdogan said, BloombergHT writes. According to him, the country will not promote the spread of private digital assets, but will continue to use its owncurrency.

The Central Bank of Russia is paying close attention to cryptocurrencies due to their use in anonymous settlements between citizens, Interfax wrote with reference to Ilya Yasinsky, director of the financial monitoring and currency control department of the regulator. According to him, due to the high volatility of digital currenciescannot be considered by Russians as an investment instrument.

"The policy of the Bank of Russia at the moment is that we are categorically against crypto," Yasinsky said.

Metropolitan law enforcers have detained a man suspected of defrauding a Moscow resident in apurchase of cryptocurrency. According to the Interior Ministry, the victim transferred bitcoins worth more than 7 million rubles to the fraudster during a personal meeting.

Bitcoin is a monetary standard, which one day may become the world's reserve currency. This opinion was expressed by SkyBridge Capital CEO Anthony Scaramucci on Career Stories podcast.


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