Moshkov Flirts With Bitcoin Regulation

In spite of Russia’s recent tough tone on Bitcoin, the central bank has now announced that the digital currency should not be left on the outside.
Bitcoin regulation in the picture?
Historically, government agencies and members of the Bank of Russia have been positive to the embracing of the cryptocurrency technology, but they have adopted a wait-and-see approach to its regulation. Alexey Moshkov, Chief of the Special Technical Activities Bureau in the Ministry of Internal Affairs takes the extra mile by suggesting the implementation of legislative policy and Bitcoin regulation of the Russian Central Bank. Moshkov believes that regulating Bitcoin will protect users. He stated in TASS that:
‘Unregulated status of cryptocurrencies makes operations with them rather risky. Bitcoin holders appear to be absolutely insecure in case of any losses’

This post was published at NewsBTC on February 10, 2015.