The Central Bank of Russia (CBR) advised domestic stock exchanges not to admit the shares of companies related to cryptocurrencies due to the high volatility, low transparency, and other risks crypto poses. The regulator emphasized that digital assets carry increased risks for people who do not have sufficient experience and knowledge in the sphere. “Cryptocurrencies and digital assets are characterized by high volatility, low transparency of pricing mechanisms, low liquidity, technological, regulatory and other specific risks. Purchase of investment products tied to them exposes people who lack experience and professional knowledge to
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