Russia is Serious about Ethereum

This report from RT tells us that Russia’s plans for Ethereum go far beyond what Singapore is thinking about, namely having it take over most basic clearinghouse functions. Putin wants more accountability in government as well as professionalism in Russia’s financial sector.

In order for Russia to become the regionally dominant player across a vibrant Central Asia, it will have to be a leader in banking and finance. It is not that today, at least in ways that rival the West.

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