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Bitcoin Rwanda / Bitcoin Forums / News / Amidst bitcoin boom, Russia plans its own cryptocurrency
Posted:  21 Oct 2017 16:48
Russian media recently disclosed plans to make a national cryptocurrency to be used aboard the ruble. The Federal monetary observance Service's (Rosfinmonitoring), free the conceive to TV stations and newspapers across the country.

Deputy Director of Rosfinmonitoring, Pavel Livadny, hopes that the new currency is additional convenient for Russians, and cut back the prices associated with monetary transactions. At the identical time, their square measure plans to ban all different cryptocurrencies, as well as bitcoin.