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Blockchain Union Established in Russia

In Russia, Vladimir Putin’s internet adviser announced the creation of the Blockchain Union, which will provide participants with “privileged advantages”.

Local cryptocurrency news outlet DeCenter, Herman Klimenko (Putin’s adviser) said that “in a few weeks” the Russian Blockchain and Cryptocurrency Union will be established.

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Klimenko: “The new organization will unite participants in the blockchain technology market, cryptocurrency holders including miners, investors in blockchain and cryptocurrency-based projects”

Contradictory Process

Russia is currently in a confused and contradictory situation regarding the regulation of cryptocurrencies.

Russian government currently has the Chinese government superior in Bitcoin mining in a race to ensure But come on, the Deputy Minister of Finance of Russia recently said that he is considering banning cryptocurrencies. manufacturers, potential customers will be able to present technologies and take part in major government events”

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