Look at Ukraine: Durov criticized the proposal to ban cryptocurrencies in Russia

The founder of the social network “VKontakte” and messenger Telegram Pavel Durov criticized the proposal of the Central Bank of Russia to ban cryptocurrencies in the country

Durov against the ban on cryptocurrencies in Russia / Photo: Getty Images, Collage: Today

The billionaire programmer believes that such a decision will lead to an outflow of IT specialists from the country and destroy a number of sectors of the high-tech economy.

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Durov notes that not a single developed country prohibits cryptocurrencies, because this will slow down the development of blockchain technologies in general.

These technologies improve the efficiency and safety of many human activities, from finance to the arts.

Russia’s neighbors, from Ukraine to Uzbekistan, following the developed countries adopt progressive laws in the field of blockchain. These states do not want to be left on the sidelines of technological and economic progress,” Durov said.

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/ Photo: freepik.com

The businessman believes that cryptocurrencies are replacing outdated financial systems of the second half of the 20th century. Therefore, it is necessary not to prohibit their development, but to find a way to competently regulate them.

Thoughtful regulation will allow the country to balance the distribution of forces in the international financial system and become one of the major players in the new economy.

The desire to regulate the circulation of cryptocurrencies is natural on the part of any financial authority. However, while recommending a total ban on cryptocurrencies, the Central Bank of the Russian Federation suggests throwing the baby out with water.

Such a ban is unlikely to stop unscrupulous players, but will put an end to legal Russian projects in this area,” Durov wrote on Telegram.

By the way, earlier we wrote that the inhabitants of Georgia were forced to take an oath not to mine bitcoins anymore. Residents of the Svaneti region in Georgia were forced to take a sacred oath that they would not mine cryptocurrency, but it did not work.

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Source From: Segodnya

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