Elvira Nabiullina, Governor of the Central Bank of Russia, said at a press conference: "Cryptocurrency transactions through authorized organizations in the country can be considered part of an experimental legal system, but this requires relevant laws." The Russian government does not want to enable it for ordinary Russians. Bitcoin, but specifically enable cryptocurrency transactions for foreign trading entities. Nabiullina emphasized that the only objection of the Central Bank of Russia has always been that cryptocurrencies cannot be used as payment instruments, and that the central bank is also concerned about investor protection because the crypto market is very volatile.