14
Oct
Russia’s President, Vladimir Putin, has subtly expressed his opinion concerning cryptocurrencies. Putin made a statement that signaled his readiness to accept cryptocurrencies for financial transactions in Russia in the future. Speaking during an interview with CNBC, Putin said that cryptocurrencies have a right to exist and to be used as a medium of transactional payment. Putin however mentioned that it is too soon to begin talks about accepting cryptocurrencies as payment for oil, Russia’s main export commodity. The Road to Cryptocurrency Adoption Cryptocurrencies have been backed for adoption by many countries in the future given the wide rate of acceptance,…