Russian Economy Minister: Bitcoin Deflated like a 'Soap Bubble'

Reported by CoinNess.com

Russian Economic Development Minister Maksim Oreshkin has stated that while Bitcoin has deflated like a "soap bubble," it has impacted the world positively by boosting investment in new technologies.
Speaking to the media on Wednesday Nov 28 at Russia Calling, an investment forum organised by VTB Capital, Oreshkin said that despite the woes of the crypto market, the conversation around it has successfully driven significant international interest in a vast number of projects in new fields, principally blockchain technology.
Until now, the legal status of crypto trading, ICOs, and mining has not been firmly established in the country, with Russian authorities doing little more than issuing vague disclaimers and investment advisories from time to time.

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read more:
https://www.ccn.com/bitcoin-deflated-like-a-soap-bubble-russian-economy-minister/

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