The Cryptoruble, First National Cryptocurrency is here

Its official, Putin announced the creation of the cryptoruble the first national cryptocurrency.

https://news.bitcoin.com/putin-issue-russias-national-cryptocurrency-cryptoruble/

the cryptoruble cannot be mined, it will have a certain volume and regulated emissions.

-Russia’s Minister of Communications and Mass Media, Nikolay Nikiforov

WOW fancy!

Its like the worst of fiat and digital assets mish mashed together with all the centralization and government monitoring one wants from a cryptocurrency!

They also wanted to be clear that the creation of the cryptoruble does not validate Bitcoin or other cryptos use within the country.