Russia has received conflicting reports about the current state of cryptocurrency regulatory affairs on Thursday. First, there is a ReportAccording to Reuters, the Central Bank of Russia wants to ban cryptocurrencies. They cite financial instability and an exploding number of transactions as reasons. The move, if it is enacted would be in line with Russian President Vladimir Putin made these remarksAt a Moscow investment forum last month, the Russian central banker stated that crypto currencies “present high risks”. The advisory report is being prepared by the nation’s central banking.

Anatoly Akosakov, however, is chairman of the Duma [Russian Parliament]The Committee on Financial Markets made the following statement at a press conference on the same day as the local news station. interfax.ruCointelegraph translated it: