The crypto ruble is coming! Russia will produce its own crypto money

in #cryptocurrency7 years ago

Russian Communications Minister Nikolay Nikiforov said Russian President Vladimir Putin gave a crypto money, in other words a crypto ruble development order, for the country at a closed meeting. Russia will thus be the first country to develop official crypto money.

Russian Communications Minister Nikolay Nikiforov announced that they had instructed them to develop crypto money at a closed meeting in Moscow.

This decision came after Putin ordered the Central Bank to form an 'unnecessary barrier' on crypto money last week.

I am confident that Nikiforov, "CryptoRuble" or "Crypto Ruble" will only be able to operate for a simple reason, because if we do not do this, our neighbors in the Eurasian Economic Community will do it two months later.

Nikiforov stated that the development of the crypto ruble will not take much time either.

Russia will also be the first country to issue its official crypto money.
The money to be used with state control to prevent fraud on the internet will be arranged and monitored by the state.

Crypto Ruble can be replaced with real ruble at any time. If the user can not disclose the source of the Crypto Ruble that owns it, the 13 percent tax on the money will be charged.

In Russia, there have been attempts to develop crypto money in cooperation with the government. The Russian Innovative Technological Research Institute of Russia has developed RuCoin, an empirical experiment initiated by Satoshi Nakamoto in 2008, which is similar to any central bank, unrelated to the official organization Bitcoin. The development of RuCoin, which is already involved in international trading platforms, attracted more than $ 200,000 in investment.

Nikiforov also added that other crypto-currency mining will be banned following the removal of the crypto ruble.

On the other hand, Russian Deputy Minister for Economic Development Oleg Fomicev said the crypto ruble will only go into international markets, indicating that circulation in domestic markets is meaningless.

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if they make pre-sales, maybe can be bought it :)

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Thanks for the great article! @rtonline

Start buy:)

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Putin is king!