Time for Russia ‘To Ban Bans’ Says Putin Business Advisor

Russian president Vladimir Putin’s business advisor has said the country should “become the world leader in the Blockchain space.”

Also read: Russian Prime Minister: DAO’s an ‘Interesting Challenge’ for Lawmakers

Putin’s Advisor: ‘Time to Ban Bans’

Speaking to news resource Znak, Boris Titov, who also leads the rival, supposedly Kremlin-allied Party of Growth, advocated Bitcoin’s underlying blockchain technology as Russia’s gateway to reaching the world.

He said:

If today we were to attract the principal technologies and investors in Blockchain and cryptocurrency, we would have the geographical and human resources to reach the advanced countries of the world not only in these areas, but completely.

Titov has often suggested alterations to federal policy in the business and economic spheres in his capacity as Putin’s advisor. Both these and his activities as leader of the Party of Growth often run in contrast to members of Putin’s own party.

titovOn the subject of cryptocurrency, Putin’s advisor German Klimenko recently went on record describing Bitcoin’s legality in other countries as “fiction,” stating it was a “meme virus” which has “infected the mind.”

Titov meanwhile is appealing principally to entrepreneurs with his ideas, a section of Russian society particularly exposed to

Read more ... source: TheBitcoinNews