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Friday, August 31, 2018

Russian Lawmaker Calls for Creation of Gold-Backed Cryptocurrency to Circumvent Sanctions

A Russian lawmaker has suggested his country should develop a gold-backed cryptocurrency for payment of arms exports and other goods as a way to circumvent Western sanctions and limit his country’s dependence on the dollar-based global banking system. Vladimir Gutenev serves as first deputy head of the economic policy committee at the State Duma – […]

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