CryptoRuble – Meet The Russian National Cryptocurrency

Nikolay Nikiforov, the Russian Minister of Communications stated that national-issued cryptocurrency is going to be launched. The Russian coin will be called - "CryptoRuble".

The CryptoRubble should not be possible to mine and it will be controlled by the government. The Russian Cryptocurrency holders should be able to exchange it for the Russian fiat currency without any problems. Also, 13% tax will be taken if the CryptoRubble owner has no proof of the coin origin.

In addition, a 13% tax will be deducted from the earned profit, i.e. between the purchase and sale price, which shows that this could be a currency based on a blockchain.

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