Bank of Russia Sets Up Taskforce to Explore Bitcoin and FinTech

Bank of Russia Sets Up Taskforce to Explore Bitcoin and FinTech

It may come as quite a surprise to some people, but the Bank of Russia will be exploring what Bitcoin technology has to offer to the financial world. The status of Bitcoin in Russia seems to be changing on a day-to-day basis. One day, government officials want to abolish the digital currency and make using Bitcoin punishable by law. The next day, the Bank of Russia announces they are looking to explore the possibilities and boundaries of Bitcoin technology. Trying to make sense of all of this is becoming rather difficult, but it is good news to see the Bank of Russia keeping an open mind.....


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