All Russian cabinets resign, local Bitcoin trades at premium

Today, Russian President Putin has triggered the resignation of the entire cabinet after drawing up plans for Russia's future political power balance. In addition, according to DailySabah, Putin also proposed amending the constitution to transfer more power to the State Duma. This political change has resulted in a premium for Bitcoin on Russian exchanges. The news of the cabinet crisis was immediately reflected in the bitcoin market price of one of Russia's more well-known exchanges-Bitcoins trading at $ 9024 appeared on Exmo, while the overall price was still around $ 8814.