Members of the Russian Parliament: Russia's central bank has a shortsighted view on cryptocurrencies.

According to the Cointelegraph, Congressman Fedot Tumusov of the Russian Federation criticizes the Russian Central Bank's harsh sentence on the cryptocurrency market, saying it ignores the country's growing demand for cryptocurrencies. He said bankruptcy firm Elvira Nabiullina spoke openly about the bank's reluctance to interfere with the impact of cryptocurrencies, rather than focusing on the state-run digital ruble. Fedot Tumusov pointed out that many countries around the world have enacted laws and regulations to enable industrialization. He said Russia needed a way to manage cryptocurrencies, not restrictions. "Myopia could push Russia higher. Cryptocurrency is real. We will accept it or lose it," he said.