According to Shvetsov, the bank felt that it is their duty to protect Russian investors from the extremely
volatile cryptocurrency industry.
Not exact matches
There are calls for tighter regulatory controls of the superannuation
industry, with reports more and more self - managed super funds are turning to
volatile cryptocurrencies.
The
cryptocurrency industry is still at its early stage, and digital assets remain highly
volatile.
And it's true, despite the best efforts of even the
industry's most notable developers, the world's largest
cryptocurrencies remain not just
volatile, but difficult (and risky) to use, at least in a way that their creators» intended.
Without stablecoins, creating a
cryptocurrency platform that can compete with fiat currencies on a level playing field in
volatile industries, like financial services, may be nearly impossible for
cryptocurrencies.