NewsBTC to Launch Bitcoin News Service in Russia

As the Russian-speaking readership of the NewsBTC website grows day by day around the world, they are currently preparing plans to address this issue, and they believe that they can provide readers with a more informative, updated and faster virtual currency platform.

NewsBTC takes a hard look at the current political and economic complexities of alternative payment methods in the Russian government, while at the same time outlining the additional benefits of this type of technology.

The site’s CEO, Jonathan Millet, explained: “Russia has wanted to restrict Bitcoin in the past. Despite the success of some other advanced regions, the authorities have decided to resist and will continue to resist this popular cryptocurrency. Due to the currency’s fashion dynamics, the government may face some difficulties in resisting its development.”

Millet, however, believes there are ways to leave enough room for tinkering with complex payment technologies like Bitcoin without violating Russian law, especially at a time when every country in the world is facing a recession.

“We firmly believe that this technology and its potential to better manipulate the monopoly of the financial industry will one day have to give this technology a chance in every country. We just hope they don’t join in too late.”

NewsBTC Service

The website was founded in 2013 with the goal of becoming one of the promoters of the then still unknown cryptocurrency - Bitcoin. Over time, the website has attracted millions of new and old customers due to its high information, accuracy and update speed. In addition to industry news, NewsBTC also participates in providing intraday daily trading strategies for Bitcoin, as well as its sister currencies - Litecoin, Dogecoin and Dash.