Putin On The Naughty List? Russian Santa to Issue Cryptocurrency

Putin may be in a touch of trouble this Christmas, with the announcement that Ded Moroz (the Russian version of Santa Claus) is considering issuing his own cryptocurrency. The Russian government's position on cryptocurrencies is famously dubious, and if the Russian Santa is on board, there may be a collision coming.

On his tour around Russian cities visiting the underprivileged and children’s hospitals, the character (who resides at a theme park in Velikiy Ustyug), Ded Moroz made it clear that he likes to keep up with the times.