According to a Bloomberg report, Bank of Russia Governor Elvira Nabiullina met with Finance Minister Anton Siluanov and Deputy Prime Minister Dmitry Grigorenko after President Vladimir Putin urged them to find a compromise in January.
However, they failed to come to an agreement, deciding instead only to formalize their differences.
Last week, the government published a document outlining its intention to regulate cryptocurrencies. Notably, the document was also supported by the central bank.