Russian Economist Warns Bitcoin Reserve is a Risky Bet

Valentin Katasonov, the Chairman of the S. F. Sharapov Russian Economic Society and a Doctor of Economics, has urged caution over Russia establishing a crypto reserve, warning of potential economic risks. The Russian economist argued that cryptocurrency is not a legitimate form of money but rather a speculative asset that could threaten economic stability, according to local media outlet MoneyTimes source: https://news.shib.io/2025/03/27/russian-economist-warns-bitcoin-reserve-is-a-risky-bet/?utm_source=rss&utm_medium=rss&utm_campaign=russian-economist-warns-bitcoin-reserve-is-a-risky-bet