The head of the Bank of Russia, Elvira Nabiullina, once again stated that the Central Bank still views cryptocurrencies as a risky asset and is against their use for transactions within the country.
"We believe that this asset — cryptocurrencies — is volatile, risky, and subject to sanctions. We are also against the use of cryptocurrencies for transactions within the country. We have one currency — the ruble. However, we believe that we are now ready for comprehensive regulation of cryptocurrencies."
❗️Trump's advisor on digital assets, Patrick Witt, stated that the US is preparing a major announcement regarding the creation of a Bitcoin reserve.
Additionally, a bill will be introduced that regulates the algorithms for storing crypto in US government wallets — not just existing confiscated assets, but also coins that may be purchased from the market in the future.
Binance founder CZ says that in five years, the term "crypto" might totally vanish from people's vocabulary since blockchain will become the default financial infrastructure, much like the Internet is today.
He believes that fiat and crypto will merge into one, all stocks will be tokenized, and AI agents will only need blockchain for transactions, as the banking system will become outdated and incredibly inconvenient for them.
Binance's founder CZ says that in five years, the term 'crypto' might completely disappear from people's vocabulary, as blockchain will become the fundamental financial infrastructure and will be essential for everyone by default, just like the Internet is now.
In his view, fiat and crypto will merge into one, all stocks will be tokenized, and AI agents will only need blockchain for transactions, as the traditional banking system will become outdated and extremely inconvenient.