By CCN: According to local reporting, Facebook’s Global Coin might soon be used to value barrels of oil, according to one wide-ranging article about the impact of technology on the Russian economy. Warning that further American dominance in technology will likely lead to increased sanctions and other problems for Russia, including trade and tariff imbalances. What Does Global Coin Mean for the Globe? The Russian government has been back and forth about the fate of cryptocurrency in the large region. On the one hand, they might end up with regulations that require one to be a qualified investor to buy
The post Russia’s Massive Oil Industry Considers Using Facebook’s Global Coin appeared first on CCN
source https://www.ccn.com/russian-oil-industry-facebook-global-coin
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