To be honest, I did not expect such a decision from Sberbank of Russia. Until that time, Russian banks were categorically against the introduction of any crypto currency in any form. Even advocated the introduction of criminal liability for the use of crypto currency as a means of payment. It seems that the crypto currency will develop in Russia. If this one of the most popular banks in Russia enters their tokens, then other banks will follow its example.
I really dont consider for a coin to be called a "Cryptocurrency" when government do make their own tokens this wont really be far to be considered to be e-cash or e-fiat. All centralized things cant be called as crypto.Countries which do accept and do create their own coin i would really not be surprised for other countries to go with the trend as well when they do saw other countries is doing it already.
I agree, the situation is ambiguous. The Central Bank of Russia in a package of Sberbank shares has 51%, which means all the actions of Sberbank are agreed with the Central Bank, and then the question arises - Who needs it and why is it all.
If the goal was to legalize cryptocurrencies, the first digital currency would be created by a private Bank in Russia. Do you have any thoughts on this?
