President Vladimir Putin has reportedly commissioned their Crypto, the Cryptorouble!

President Vladimir Putin has reportedly commissioned Russian officials to work on developing a national cryptocurrency dubbed the “cryptorouble.”
According to the Financial Times, Sergei Glazev, an economic adviser to the president, told a government meeting that the cryptocurrency would serve as a “useful tool” to evade western economic sanctions.
Glazev explained:
“This instrument suits us very well for sensitive activity on behalf of the state. We can settle accounts with our counterparties all over the world with no regard for sanctions.”
The adviser indicated that the cryptorouble would be equivalent to the rouble, but with its circulation “restricted in a certain way,” and allowing the Kremlin to track its moves.

READ FULL:
www.coindesk.com/putin-investigating-cryptorouble-as-way-to-avoid-western-sanctions/?utm_content=buffera7c6e&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
 
h/t 2012Portal