Bitcoin Hating Bank of Russia Shows Love for Blockchain

[kreslik.news]

As if anyone needed another example, even those who are most opposed to bitcoin can no longer deny the usefulness of the innovative technology behind it. While various sections of the Russian government and financial establishment have taken a very harsh anti-bitcoin stance recently, such as the Russian Ministry of Finance reportedly proposing four years of hard labor for the crime of using cryptocurrencies, the country’s top regulator now shows interest in blockchain.

The Bank of Russia issued a communique on Sunday saying it will be engaged in the analysis and evaluation of possibilities regarding the application of ... (read more)