{"id":14887,"date":"2022-11-28T06:03:46","date_gmt":"2022-11-28T06:03:46","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/russian-president-vladimir-putin-wants-an-international-blockchain-based-payments-system\/"},"modified":"2022-11-28T06:03:46","modified_gmt":"2022-11-28T06:03:46","slug":"russian-president-vladimir-putin-wants-an-international-blockchain-based-payments-system","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/russian-president-vladimir-putin-wants-an-international-blockchain-based-payments-system\/","title":{"rendered":"Russian President Vladimir Putin Wants an International Blockchain Based Payments System"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>On November 24, Russian President Vladimir Putin spoke at the International AI Journey Conference in Moscow, criticizing the monopoly in global financial payment systems and calling for an independent, blockchain-based settlement network.<\/p>\n<p>During an event hosted by Sberbank, Russia\u2019s largest bank and a significant lender to the government, he stated:<\/p>\n<p><em>\u201cDigital currency and blockchain technology may be utilized to build a new system of international settlements that will be far more convenient, totally safe for its users, and, most importantly, will not rely on banks or third-country meddling.\u201d I am convinced that something similar will be established and developed since nobody loves monopolists\u2019 dictation, which harms all parties, even the monopolists themselves.\u201d<\/em><\/p>\n<p>Putin also stated that global payments and nations are at danger as a result of strained ties between Russia and the West following Ukraine\u2019s invasion, calling country sanctions \u201c<em>illegitimate limitations<\/em>.\u201d<\/p>\n<p>Furthermore, Russian President Vladimir Putin, stressed the negatives of the current system in place.<\/p>\n<p><em>\u201cThe present international payment system is costly, and its correspondent account system and regulation are controlled by a small group of governments and financial companies.\u201d<\/em><\/p>\n<p>The day before, local media claimed that politicians were in talks about amending current cryptocurrency legislation to provide a legal basis for the establishment of a national cryptocurrency exchange.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/russian-president-vladimir-putin-wants-an-international-blockchain-based-payments-system\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) On November 24, Russian President Vladimir Putin spoke at the International AI Journey Conference in Moscow, criticizing the monopoly in global financial payment systems and calling for an independent, blockchain-based settlement network. During an event hosted by Sberbank, Russia\u2019s largest bank and a significant lender to [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":14888,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/14887"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=14887"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/14887\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/14888"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=14887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=14887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=14887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}