Russia: cryptocurrency technology will not gain monetary status in the short term

According to Bitcoinist, a panel of Russian officials and experts discussed the regulation of cryptocurrencies. Experts concluded that the inclusion of cryptocurrencies in Russia's financial system is a distant future. First, the Russian Constitution believes that the issuance of currencies other than rubles is illegal. Second, financial regulators are confused about the origins of Bitcoin and other cryptocurrencies. They also worry that many criminals will benefit from cryptocurrencies.