moscow government

Senior Official in Russian Parliament Says That Cryptos Can Ruin Governments

A senior official in Russia’s parliament, the State Duma, has argued that cryptocurrencies have the potential to ruin governments. Nikolai Arefiev, a member of the Communist Party of the Russian Federation and vice-chairman of the Duma committee on economic policy, innovative development, and entrepreneurship, claimed that cryptocurrencies were created in order to hide large offshore assets from the government and argued that cryptos were created to hide money from the government.

Moscow Government to use Blockchain in local poll

The Moscow Government heads with the plan to trial Blockchain for use in local voting polls. The officials quoted that they were observing this technology as a measure to reduce the risk of fraud. It was exclaimed that “this technology will make voting even more open”.