Russian President Vladimir Putin has given an order to start making crypto ruble.
Putin is sure that state crypt will help to circumvent US sanctions. Cryptoworks will allow financial operations to be carried out in rubles and at the same time to avoid sanctions that limit the opportunities to attract investment, the statement said.
However, the Financial Times states that the phenomenon of cryptography is a long-term goal.
After meeting with one of the founders of the Etereum Vitalik Buterinim, Putin has set the task of the government to build a base for regulating the market of digital currencies and blockade.
After that, Sergei Glazayev, Russia's presidential adviser on economic issues, suggested that cryptorubles be made.
"We can count on our counteragents all over the world, without paying attention to sanctions," he said at a recent government session.