Cryptocurrencies should not be considered as an investment tool. This was noted by the head of the Russian Ministry of Finance Anton Siluanov during his lecture “A Strong Financial System of the Country: General Principles and Development Prospects” as part of the federal educational marathon “Knowledge. First”.
“Some people see cryptocurrency as a source of quick money. I don't recommend it,” – Anton Siluanov.
Mining and use of cryptocurrencies are legalized in Russia. But this currency is used more often for external payments. This allows exporters and importers to bypass sanctions, Siluanov explained.
“In the current conditions, this is justified. Therefore, as a means of investment – it is definitely not necessary, today there are many other ways to invest and earn good money,” the head of the Ministry of Finance added.
Earlier, the expert community allowed for an increase in the yield on deposits in Russian banks to a historical record of 30% per annum.