The founder of Russian banking concern Tinkoff Oleg Tinkov has said he wants to exercise his ain cryptocurrency because he fears “losing pole position.”
In a postal service on his Facebook page over the weekend, Tinkov, whose banking concern has claimed huge numbers of customers through its to a greater extent than relaxed carte du jour terms, said the “time was right” to unloosen the dedicated ‘TinCoin.’
“I bring a feeling pole lay technologically is slipping away from us correct earlier our eyes,” he wrote.
“Time to unloosen TinCoin… What exercise you lot think? We’re almost ready.”
Commenting inwards response to users on Facebook, Tinkov said inwards a typically ironic mode that his establishment “out of regulation does non compete alongside patch banks.”
Nonetheless, Tinkoff is a theatre participant inwards the cross-sector Russian FinTech Association, which aims to explore too farther the exercise of disruptive technologies such equally Blockchain.
Other members include major patch players Bank of Russia, Sberbank too VTB, along alongside periphery providers such equally the QIWI electronic wallet platform.
Meanwhile, Russia’s official opinion towards cryptocurrencies beyond the BitRuble remains contradictory. Various ministers proceed to orbit contrasting information close how government wishing to limit access to Bitcoin to ordinary or “non-qualified” investors.
The departure inwards visit betwixt cryptocurrency too Blockchain meanwhile continues to widen. One of the largest mobile telecoms providers inwards Russia, Megafon, announced today it had used the technology to distribute bonds worth 500 mln rubles ($8.6 mln).
