Russia has confirmed it is developing its own bank-backed cryptocurrency amid mixed reports about its future status.
Central Bank VP: Cryptocurrency ‘Is The Future’
Various sources report that Central Bank senior vice-president Olga Skorobogatova, who was speaking at the St. Petersburg International Economic Forum 2017, confirmed lawmakers’ next move as part of Russia’s increasingly hands-on approach to cryptocurrency.
“Regulators of all countries agree that it’s time to develop national cryptocurrencies, this is the future,” local news agency TASS translated a forum speech."
http://bitcoinist.com/russia-develop-national-cryptocurrency/