cryptoruble

Image by Yuleka Russian President Vladimir Putin has instructed his cabinet to explore development of an official cryptocurrency, or the cryptoruble, to help the Russian Federation avoid Western sanctions levied for Russia’s annexation of Crimea and the conflict in the Donbass region of East Ukraine. “This instrument suits us very…

Image by Alexandr Gromov Russian Minister of Communications Nikolay Nikiforov has stated that Russian President Vladimir Putin just announced today in a closed door meeting in Moscow that Russia will issue its own cryptocurrency, the cryptoruble. “According to the official, the state issued cryptocurrency cannot be mined and will be…