Central Bank Of Russia Announces Cryptocurrency Expert Hiring
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Crypto Expert Hiring
Regulators and politicians in Russia frequently refer to cryptocurrency as "digital financial assets." It seems like the new hire will work for the "pilot" projects. However, the job posting seems to indicate that this rigid posture may be changing: The bank is particularly interested in hearing from those who have used the Hyperledger Fabric, Ethereum, and Bitcoin blockchain protocols.
Russian Central Bank To Study Crypto
The Central Bank of Russia continues to disagree with the pro-industry Ministry of Finance despite the recent softening in its stance on cryptocurrencies. The ministry intends to control cryptocurrency and set a cap on how much money individuals can spend on coins each year. It also wants to tax and authorize cryptocurrency mining. However, the Central Bank and its longtime Governor Elvira Nabiullina have remained opposed, resulting in a deadlock that even President Vladimir Putin's direct participation has been unable to break.
The bank has, however, made it clear lately that it is willing to make certain adjustments. It might permit some exporters to accept cryptocurrency in exchange for their products and services, so long as the money "does not penetrate the Russian economic system." The bank has also hinted that it would be willing to abandon its objection to commercial cryptocurrency mining.
Hiring a crypto expert would indicate that the bank is now ready to take things a step further and possibly integrate technological advancements from the crypto sector into its operations.