Following a meeting in the summer with Vitalik Buterin, the Russian-born founder of cryptocurrency Ethereum, Mr Putin ordered his cabinet to come up with a framework for regulating them.
Bitcoin Lags As Ethereum Soars To Record High On Putin 'Crypto-Rouble' Plans
While Bitcoin remains lower in 2018, down around 2%, Ethereum, Litecoin, and Ripple are surging with ETH breaking to a new record high over $880 following headlines that Russia is exploring ways to create a 'cryptorouble'.
The worst start to a year for Bitcoin since 2015 is not hindering the rest of the crypto space...
With ETH at a new all-time record high (touching $882 overnight)...
However, Ripple remains 2nd highest by market cap...
As Bitcoin's share of the cryptocurrency market shrinks to just 36% - a new low...
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