CSR sees the risk of abuse when launching “ecosystem cryptocurrencies”

by time news

The introduction of internal units of account – cryptoassets – in Russian digital ecosystems can lead to “a quantitative increase in abuse,” says the report of the Center for Strategic Research (CSR), dedicated to topical issues of ecosystem regulation (available from Vedomosti). Crypto assets can also pose “additional risks to competition,” the report says. “It seems that regulation of cryptoassets within ecosystems should hardly be different from general regulation of cryptoassets,” the text says. “If we consider digital currency as a monetary surrogate, then it can be such regardless of where it is issued.”

The CSR report was prepared by order of the Ministry of Economy and the Central Bank, Vice President, Head of the Economy of Monopolies Department of the CSR Elena Kovaleva told Vedomosti.

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