As the work on Russia’s national cryptocurrency is underway, the city of Moscow is discussing issuing its own cryptocurrency, the Moscowcoin. This will be possible after the legal framework of cryptocurrencies is established for the whole federation, city officials explained.
…The head of the Moscow department of economic policy and development, Vladimir Efimov, confirmed to reporters on Thursday that the issue of the city’s own cryptocurrency, the Moscowcoin, is being discussed. “The Moscow government plans to create its own cryptocurrency,” RNS reported and quoted Efimov admitting “we are thinking about this topic.” Noting that “the discussion has not been completed yet,” he further…
Read Full: Russia’s Capital Discusses Issuing Moscowcoin Cryptocurrency
