Moscow, January 25, Interfax - Patriarch Kirill of Moscow and All Russia is concerned about the cryptocurrencies and believes the state needs to protect people from risks associated with those transactions.

"So-called cryptocurrencies, particularly bitcoins, have recently become widespread in today's world. People mortgage and sell their property to make fast money by buying cryptocurrencies," he said at the Federation Council at the 26th International Christmas Readings on Thursday.

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