President of Russia Vladimir Putin says that it is possible to use bitcoins for some operations.
Putin discussed bitcoin with the participants of the Klyazma Youth Forum, says Kremlin.
Putin noted that he discussed the digital currency with the head of the Russian Central Bank, Elvira Nabiullina. “People in Central Bank have a very professional position [on bitcoin]. We do not reject it. Yet there are serious and real problems with the acceptance [of this currency].”
Press-secretary of Vladimir Putin Dimitry Peskov later noted that Vladimir Putin did not speak in support of bitcoin.
This spring, the Central Bank of Russia, originally very critical of cryptocurrencies, became much more favourable towards them.An unnamed official connected to the Central Bank informed the Izvestia newspaper that the regulator might start to regulate some of the bitcoin transactions such as remittances or payments to private accounts. Allegedly, the Central Bank was going to meet the financial markets representatives to discuss the question of bitcoin and cryptocurrency use in Russia.
Later in April, the head of the Central Bank, Elvira Nabiullina spoke favourably of bitcoin. Experts suggested that a government-run bitcoin exchange could be created to monopolise the ruble/bitcoin conversion.