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Moscow, July 19 (KCNA) ― Vladimir Putin, president of the Russian Federation, mentioned the issue of using digital currency at a meeting on economic issues on July 17.
"In fact, the digital ruble is another form of our national currency," said he. "Its feature is that both individuals and businesses can use the digital ruble regardless of which bank they have an account with."
It is important for Russia not to miss the moment, set up the legal framework and regulation in a timely manner, develop infrastructure, and create conditions for the circulation of digital assets, both within the country and in relations with foreign partners, he affirmed.
After pointing out that the technology of digital currency were already beginning to change the usual patterns in trade, banking, and international payment services, he emphasized that Russia should move to a wider introduction of the digital ruble to the economic and financial sectors.
Source: kcna.kp (Juche113.7.20.) *Korean to English by Koreanistas
Reference: Meeting on economic issues
http://en.kremlin.ru/events/president/news/74566