Russia develops the cryptorouble, Correspondent.net reports, quoting The Hill.
According to the data, RF President Vladimir Putin assigned the public institutions to work on “cryptorouble”.
The cryptocurrency is considered to become one more method for conducting financial operations in rubles and avoiding sanctions, which restrict the opportunities of country’s financing.
Meanwhile, The Hill notes that Russia is still far from issuing the “cryptorouble”; however, it will help countering U.S. attempts to bar Russia’s economic development.