Russian Roulette: Central Bank Calls Crypto Investment ‘Gambling’

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The crypto-skeptic Russian Central Bank (CB) has taken another swipe at crypto – equating investment in digital tokens to “playing roulette” or investing in “pyramid schemes.” Meanwhile, some experts have suggested that new Russian “suspicious funds” seizure laws could be applied to crypto holdings.

In a YouTube video released by the CB, the bank’s First Deputy Governor Sergey Shvetsov, stated,