While Russian authorities and regulators take a notoriously hardline stance against Bitcoin, the country’s central bank has announced the establishment of a ‘working group’ that will seek to study distributed ledger or blockchain technology, the same underlying technology that powers Bitcoin.In a confirmed nod toward showing favorability toward blockchain technology and new financial technologies (Fintech), The Bank of Russia (Russia’s central bank) has revealed the creation of a working group to evaluate the applications of blockchain technology.
The Bank of Russia made the revelation in a press release yesterday. The announcement, translated from Russian, read...
https://www.cryptocoinsnews.com/russias-central-bank-establishes-blockchain-working-group/
