Russia’s Central Bank Savagely Dismisses ‘Obvious’ National Cryptocurrency.
RUSSIAN NATIONAL CRYPTOCURRENCY IS A HET (No)
“As Russia’s Central Bank, we have been studying this topic and the need to issue a national cryptocurrency is not obvious for us. Not only for technological reasons, but also because it is (difficult) to really estimate what advantages will the national digital currency give, for example, in comparison with existing electronic non-cash payments. There are many risks, and the advantages may not be obvious enough.”
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