Russian Official: Payment Giant Qiwi’s Digital Currency Idea ‘Illegal’

By September 16, 2015Bitcoin Business

Moscow, Russia A Russian government official has spoken out against a leading domestic payments company’s plan to release its own digital currency sometime next year.

Reports by Russian-language news services Kommersant and Pravda suggest that QIWI , a Moscow-based payments firm, is working to develop a bitcoin-like currency that will be a virtualization of the ruble. Sergei Solonin, QIWI’s CEO, told Kommersant in an interview that the concept could be deployed as early as next […]

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