Russia’s Richest Man is Launching His Own Crypto Token

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Billionaire Vladimir Potanin has received approval from the Russian central bank to launch his own blockchain-based platform and token to be used by consumers, Bloomberg reports. Oligarch Brings Blockchain to the Masses Vladimir Potanin, who recently became the richest man in Russia as per Forbes, wants to expand his blockchain platform by launching his own crypto token. The digital units will allow clients to buy metals, air tickets, and transfer ski passes from his businesses. Ironically, the news comes days after we reported that FSB, Russia’s version of FBI, sided with the central bank to potentially ban cryptocurrency’s status as a means of payment. Potanin voiced his intentions to develop crypto tokens on several occasions. He wanted to help clients buy metals with tokens without any friction. Now he can advance with his plans after obtaining the green light from the Bank of Russia. The goal of the platform is…

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