Russia

Bank of Russia: 'It's Time to Develop National Cryptocurrencies'

Bitcoin Poses No Threat to Russia’s Financial System, Will Not Be Banned

Bitcoin currently poses no risk to the Russian financial system, the country’s deputy finance minister Alexei Moiseev said.

Russia Plans To Introduce Its Own Cryptocurrency

Russia plans to introduce its own cryptocurrency, while outlawing the use of all others, local media reported Friday, citing Federal Financial Monitoring Service (Rosfinmonitoring) Deputy Director Pavel Livadny.

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