A New Altcoin From The Russian Opposition Party
Coming from Russian opposition party is a new Altcoin? Well, the Russian opposition party had launched a dedicated new Altcoin. Boris Titov who is a “pro-crypto” Russian politician has launched another initiative in a form of an Altcoin for his Partiya Rosta Party.
Boris Titov, who is also a business ombudsman for the Kaliningrad region has announced that there will be a joint venture with the Blockchain platform which is the Waves to establish a new token called the “Upcoin”
This particular idea is to encourage party signs-up by means of distributing the wallets to those who are registering on the Partiya Rosta’s website together with the coins awarded for participating in the associated activities. Boris Titov has put it in words to the local news portal Znak that it is not an exchangeable financial entity; but more similar to an internal system for gauging the people’s opinions. And the Upcoin fully gives us the new possibilities… That we can use it to gather funds for the projects, deliver pilot schemes right within the community and collaborate on the B2B projects as well.
Just recently, Russia has claimed that they could legalize the Bitcoin and the cryptocurrency in the upcoming year of 2018; by the means of following the examples which are set by Japan. As its preceding to the announcement, the crypto languished in an uneasy gray area together with the various recorded occurrences of the unfavorable treatments by the law enforcement for its use.
On the other hand, Boris Titov had stated that Kaliningrad perhaps will become a conducted experiment for the legal Bitcoin usage, despite the consequences of what has occurred in Moscow with the regards to the legislation. As he told the Interfax last February with this year, that is quite essential that the cryptocurrency circulation is not regulated by any form of sanctions; and that may fully sound like a Utopian concept but new times calls for the new measures, and Kaliningrad can build on that.