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Russia's Central Bank Meets With Finance Reps for Bitcoin Talks

• http://www.coindesk.com

Russia's central bank will meet with representatives from the country's financial markets to discuss bitcoin regulation next week, a local news source claims.

Izvestia, a prominent Moscow-based news outlet, says it is likely that the bank will be supportive of cryptocurrencies.

A loosely translated version of the article, which cited a source close to the central bank, reads:

"The central bank's stance [on cryptocurrencies] has changed over the last year. The source admitted that the central Bank may authorise and regulate bitcoin – in particular, carrying out transfers and payments to individuals and interconnect them."

In conversation with CoinDesk, a spokesperson from the Cryptocurrency Foundation Russia (CCFR) expressed disappointment at the news. The group had previously approached various authorities to discuss regulation, they said, however these attempts proved unfruitful.