Russian Oligarch Gets Green Signal from the Central Bank to Launch Cryptocurrency

Several countries and individuals have made cryptocurrencies a part of their economy with worldwide reach. For the past few months, Russia has been one of the most important players in the field with the country see-sawing on crypto-regulations.

Recently, Russia was again in the news when its government allowed Vladimir Potanin, the richest man in the country to launch his own blockchain platform.

Citizens will be able to buy air tickets, metals and even switch ski passes from Vladimir Potanin’s businesses with the launch of Potanin’s cryptocurrency, Atomyze.

The news of the token came a week after the FSB stated that they would ban cryptocurrencies from within the country. Potanin also said that he had plans to develop a cryptocurrency for multiple features in the future.

The Bank of Russia sending a green signal to Atomyze sends a confusing message to the masses, but that did not stop Potanin from making progress on his plans. The billionaire believed that his platform would…