Adviser to President of Russia Proposes Digital Currency in Crimea

Cointelegraph

Published Apr 22, 2019 03:19PM ET

Updated Apr 22, 2019 03:43PM ET

Adviser to President of Russia Proposes Digital Currency in Crimea

An adviser to the President of Russia has proposed to adopt a digital currency in Crimea to attract investors and avoid sanctions, local news agency TASS reports April 19.

Sergey Glazyev, advisor to Russian President Vladimir Putin on regional economic integration, urged the government to adopt “digital money technologies” to reduce “cross-border barriers,” the official said at the Yalta International Economic Forum (YIEF).

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