The report further notes that the lack of regulations for cryptocurrency and blockchain will be a major hindrance for the adoption of the proposed roadmap. The president of the Russian Association of Cryptocurrency and Blockchain, Yuri Pripachkin calls the regulation lack as a “catastrophic obstacle on the path blockchain adoption.”
However, Dmitry Medvedev, the Russian prime minister and former president claims that since cryptocurrencies “have lost their popularity,” regulations are not a priority for the country.
Image Source – Stock Photo Secrets
