Putin orders to work on ‘Cryptorouble’

The President Vladimir Putin ordered Russian officials to work on emerging national cryptocurrency christened “cryptorouble”. He further mandated regulations that would govern the miners, initial coin offerings and other operations of crypto industry. The Finance Minister of Russia also enunciated that there is “no point in prohibiting” cryptocurrency as they are a “reality” when he propelled that the department will regulate their use.  

 

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