Russia's Central Bank to Study Blockchain Tech

Russia's Central Bank to Study Blockchain Tech

The Bank of Russia has announced plans to "analyse and evaluate" potential applications of blockchain technology within finance. The country's central bank revealed on Sunday it had established a working group that will provide analysis of "advanced technologies and innovations in the financial market", with the goal being to study distributed ledger technologies, as well as developments in mobile, payments and other areas. The news comes at a time when certain public entities in Russia are supporting a possible ban on monetary surrogates, a classification that includes....


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