Russia sees no point in convening new UN Security Council meeting on SyriaRussian Politics & Diplomacy September 26, 14:58
Rosatom ready to cast 'first concrete' for 2nd stage of NPP Kudnakulam in IndiaBusiness & Economy September 26, 14:32
First Soviet Olympic Champion Nina Ponomareva buried near MoscowSport September 26, 14:27
German Foreign Ministry says long-term no-fly zone in Syria impossibleWorld September 26, 13:59
Kremlin views situation in Syria as extremely challengingRussian Politics & Diplomacy September 26, 13:23
Lavrov says West fails to meet its commitments on SyriaRussian Politics & Diplomacy September 26, 13:20
Kyrgyz president continues his treatment in Russia, 'feeling good' — embassyWorld September 26, 13:07
PRESS TOP 5: Monday, September 26Press Review September 26, 13:00
Russian Pacific Fleet reinforced with newest nuclear-powered submarineMilitary & Defense September 26, 12:28
MOSCOW, February 9. /TASS /. Operations of Bitcoin account holders are potentially vulnerable, the Chief of the Special Technical Activities Bureau with the Russian Ministry of Internal Affairs Alexey Moshkov said on Monday.
"Unregulated status of crypto currencies makes operations with them rather risky. Bitcoin holders appear to be absolutely insecure in case of any losses," Moshkov added.
The Russian Interior Ministry will act in regards to Bitcoin on the basis of regulations the Central Bank should develop, Moshkov said. "We rely on decisions of our regulator and will act in line with the legislative practice in this area," he added.
Bitcoin as a virtual currency is an online software code that is not regulated by any country or a bank supervision authority across the world. One Bitcoin’s feature is that it can guarantee the complete anonimity of an individual or a group of individuals making purchases. Virtual currencies are accepted for payment in more than 60,000 online stores globally.