Russian business ombudsman suggests Kaliningrad region integrated Bitcoin

At a meeting in Russian Kaliningrad region - the Russian "outpost" in Europe, a region surrounded by EU - Boris Titov, a business ombudsman, suggested the region integrate Bitcoin.



He pointed out that it might be a good idea to have a Bitcoin exchange registered in Kaliningrad and that "it's important that the transfer of currencies is not affected by sanctions. This offer [to integrate Bitcoin] can sound utopian, but new times beg new measures. And the Kaliningrad region can count on that".



The meeting was held as part of the research conducted for the report on developing Kaliningrad region Titov is working on, the report itself was ordered by the Russian president Vladimir Putin and will be presented to the Russian government soon.