Cryptocurrencies are being used more each time in the field of geopolitics, transcending the image of being just an experimental technology promoted by some fintechs and enthusiasts. After drawing the attention of the G20, several countries began to evaluate the possibility of issuing their own cryptocurrency, however, no powerful nation had shown a real, concrete interest … until now.





According to the Russian news website TASS, the Bank of Russia is considering the possibility of issuing a national cryptocurrency, although they are not yet able to see this as a priority for the near future.

In statements to the Russian press, the head of the Central Bank of Russia Elvira Nabiullina praised the technology behind cryptocurrency, putting the “crypto vs fiat” debate on the table: “It will be more convenient, it is electronic money for people, for citizens. Are we ready, as a society, to refuse cash?” – she said, flirting with the possibility of crypto winning the fight by adding that “digital currencies are in some sense the readiness of society”

Read More at EWN...

#Cryptocurrency #Adoption #Russia