Russia Stunningly Explores a Gold-Backed Crypto to Settle Payments

By CCN.com: Russia is reportedly considering the implementation of a gold-backed cryptocurrency, according to Russian news outlet Tass. Immutability and censorship-resistance are useful for governments in certain instances, such as conducting international trade in the face of sanctions. Russia and Iran previously considered using cryptocurrencies for business between the two. Iran later launched a gold-backed […]
Source: Bitcoin CNN