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.

h/t 2012Portal

READ  IRS Launches Crackdown To Ensure Crypto Investors Pay Their Taxes....10% TO THE BIG GUY!
READ  Putin is laughing his ass off...

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.