Breaking: Vladimir Putin Says Cryptocurrencies Can Become Legitimate Payment Currency

Vladimir Putin, the President of Russia seems to be in favor of cryptocurrencies and their use in the payment sector. In a recent interview with CNBC, Putin said crypto-assets  “has the right to exist and can be used as a means of payment,” Russian President’s pro-crypto stance came as a surprise to many given Russian central bank has issued several warnings for crypto traders, reminding them of high risks that come with a crypto trading.