Russia’s Putin: Bitcoin ‘Can Be Used in Some Account’

By July 15, 2015Bitcoin Business

Russian president Vladimir Putin has stated that use of Bitcoin “as some kind of unit in some account” is “possible” in a surprisingly supportive gesture towards the currency. The remarks were made during a televised forum and constitute the first official utterances from Putin regarding digital currency, Russian news portal RIA Novosti reports.

Speaking about Bitcoin specifically, Putin said: “[… ][A]s an accounting unit, these ‘coins’ or whatever are they called, they can be used, […]

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