Recent reports indicate that Russia is getting ready to launch its own digital currency, the CryptoRuble, thereby confirming numerous rumors about Russia’s plans in the area of blockchain technology. Russia is embracing blockchain technology and digital currencies During the last couple of months, Russia has had a passive-aggressive stance toward digital currencies, yet in the past, the country had numerous plans for the good of the crypto community. Reports now indicate that the President of the Russian Federation, Vladimir Putin, has issued a statement indicating that Russia will soon start issuing what it calls the CryptoRuble. According to Minister of Communications Nikolay Nikiforov, the state-issued
Source
Russia to Launch Its Own Digital Currency, the CryptoRuble
