Russia trusts blockchain but might deem cryptos as criminal FIAT substitutes

8 Mar

Russia trusts blockchain but might deem cryptos as criminal FIAT substitutes

Source: Crypto News
Russia trusts blockchain but might deem cryptos as criminal FIAT substitutes

Russia and Crypto

When it comes to the blockchain, Russia is a very complex country. The political positions on this matter depend on who talks to the media. A few days ago, Russia’s President, Vladimir Putin mentioned in a meeting of his high-ranking cabinet (in which Herman Gref, president of the most significant Russian bank: ‘Sberbank’ participated) the position he sustains regarding the use of blockchain technologies for the development of the country:

“Colleagues and citizens of the country may ask: Why do we need all this? We have oil, gas, coals, metals of all kinds … everything! (…) …

Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.

All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.

%d bloggers like this: