Russia's central bank governor: sees no strong reason to launch central bank digital currency like China

According to the Bitcoin Exchange Guide, the Russian central bank recently stated that if the government legislature decides to ban cryptocurrencies, banks will fully support this decision. Elvira Nabiullina, the governor of the Russian central bank, said that the Russian central bank did not see a strong reason to launch a central bank currency as the Chinese government planned. The risk of such crypto assets is higher than the returns. Cryptocurrencies can be compared with casino gambling because easy-to-get money is also easy to lose.