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Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
Russian central bank federation does not see the need to launch a Russia national cryptocurrency. Speaking at the forum the head of the national bank, Elvira Nabiullina stated that the institution has been studying the topic of cryptocurrency and the launch of a national cryptocurrency is not obvious for us.
She further questioned the cryptocurrency use for technological reasons and their advantage on Nation’s Economy. Giving an example, she says “For instance, in comparison with existing electronic non-cash payments. There are many risks, and the advantages may not be obvious enough.”