Putin Orders Work on ‘CryptoRuble’ to Escape Western Sanctions

By Samburaj Das Jan 2, 2018 12:03 PM EST

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The post Putin Orders Work on ‘CryptoRuble’ to Escape Western Sanctions appeared first on CCN

Three-term Russian president Vladimir Putin has ordered Moscow officials to work on creating Russia’s own national cryptocurrency dubbed the ‘cryptoruble’ as a means to evade sanctions. At a recent government meeting, Sergei Glazev, Putin’s economic advisor, told other officials that a cryptoruble could serve as a ‘useful tool’ to circumvent crippling international sanctions. In quotes

The post Putin Orders Work on ‘CryptoRuble’ to Escape Western Sanctions appeared first on CCN

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