“Cryptocurrency is based on blockchain technology, it is part of the blockchain.
Blockchain can create other products besides cryptocurrency.
And if we ban one of the forms of blockchain in this form, then this causes shock and awe in the IT industry,” he said.
According to him, “more than 50% of all blockchain stories were created by Russian-speaking and Russian programmers.”
“Here is Ethereum, this cryptocurrency takes the second place after bitcoin, it was created by a Russian programmer,” he said.
Lugovoi added that there should be strict state regulation.
“But not a ban.
Regulation will allow for better control of this,” he said.
On January 21, the Central Bank announced possible measures to tighten regulation of the cryptocurrency market in Russia.
On January 25, Ivan Chebeskov, director of the financial policy department of the Ministry of Finance, opposed the proposed ban on cryptocurrencies in the country by the Central Bank.
He noted that he considers it necessary to introduce regulation of the digital asset market.