Eurasian Economic Commission Prepares Report on CryptocurrenciesEurasian Economic Commission Prepares Report on Cryptocurrencies
By Crypto Digest - January 28, 2019

Local Russian news reported on the 28th of January that Eurasian Economic Commission (EEU) - which serves as an executive body of the Eurasian Economic Union (EAEU) - has prepared a report on cryptocurrencies to promote regulation in the area. The Commission's minister for integration and macroeconomics, Tatyana Valovaya, said that the EEU aims to create a consolidated financial market by 2025, as the cryptocurrency and blockchain industries are becoming more robust, the EEU has to study them. And accordingly, Russia’s Ministry of Finance is considering launching a digital currency backed by the countries in the EAEU by 2020 or 2021