MasterCard: 5 Russian banks begin new National Payment System (domestic system)

LessThunk comment:

Listen to the audio link..stay with it for 5mins or so..as we hear from Mr Young (http://patricklyoung.net) about the possibility that Russia & China will eventually move over to BTC interbank settlement..interesting stuff indeed..

“The domestic step is the first to eventually developing an international payment platform.” Russian President Vladimir Putin signed a law in May 2014 to establish this system. In mid-December, eight Russian banks were connected in a test mode to the card system..five made it through this initial round of testing..



Categorised as: banking | BTC | FX | Investing | Politics

Posted by: Phaedrus

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