Putin Says Crypto Is ‘Not Worthless’ and Has ‘the Right to Exist’
cryptonews.comThe Russian President Vladimir Putin has made a surprisingly positive-sounding statement about crypto – claiming that it has a “right to exist” – and added that it could one day find a niche in economies “as a means of accumulation.”
Putin was speaking to the news channel CNBC in an interview on the subject of energy, the transcript of which was posted to the Kremlin’s website. During the interview, he was asked about the possibility of using crypto as a means of payment in oil export deals.
He answered:
“Cryptocurrency[-funded] contracts? It’s too soonto talk about this. Because cryptocurrencies, of course, can be used a unit of account [in deals], but they are very unstable. Using them to transfer funds from one place to another [is viable].
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