Russia’s Ministry of Finance: No plans to add crypto assets to the investment structure of the National Welfare Fund

PANews reported on March 6 that according to Interfax, Russian Deputy Finance Minister Vladimir Kolychev told reporters that the Russian Ministry of Finance does not plan to change the current investment structure of the National Welfare Fund, especially not to include crypto assets in it - crypto assets are too volatile, and the current accumulation level of the National Welfare Fund does not allow for high-risk investments. Kolychev said he had not heard of discussions in Russia about creating a strategic reserve of cryptocurrencies similar to the Trump administration's plan. He said: "This is more of a central bank issue. To be honest, I haven't heard of such discussions." Kolychev added that it is too early to discuss the possibility of incorporating crypto assets into the investment structure of the National Welfare Fund.

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Author: PA一线

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