Proposal for ‘Multinational Cryptocurrency’

Multinational Crypto

The Central Bank of Russia proposed to establish the first ‘joint multinational cryptocurrency for BRICS and EEU countries’. The Central Bank and Finance Ministry submitted a bill of cryptocurrencies and ICO regulations which is expected to come into force in March and finalized by July 2018. The cryptocurrencies and ICOs were categorized as ‘other property’ and not legal tender.

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