The head of the Center for strategic research (CSR) Alexei Kudrin believes that self-regulation of cryptocurrency much more effective than strict government regulation.
In his opinion, the extension of treatment of cryptocurrencies in Russia is inevitable, but carries high risk for investors, therefore, the first stage of the legalization of this approach for the industry would be more appropriate.
«The expansion of the appeals of cryptocurrency is inevitable. But not yet established standards and improve technology risks for investors, especially for ordinary citizens is very high. In this sense, self-regulation more effective regulation,» Kudrin wrote on his Twitter.