The local news resources claim that that Russian President, Vladimir Putin, has decided to launch the state cryptocurrency - CryptoRuble. In fact, the news broke through Minister of Communications Nikolay Nikiforov. The man argues that the authorities plan to launch its own currency just for one simple reason.
I confidently declare that we run CryptoRuble for one simple reason: if we do not, then after 2 months our neighbors in the EurAsEC will.
Minister of Communications
Nikiforov highlights the main characteristics of the CryptoRuble:
- it is to be created using Russian cryptography
- it is not to be mined
- the issue is to be regulated by the state
- the blockchain is to be closed
It is worth mentioning, that the news was made against the reports from China, where the authorities are also discussing the creation of a national cryptocurrency.
What the future has in stock for CryptoRuble, remains to be seen. With completely opposite news about Russia's attitude to cryptocurrency, that will be quite intriguing.