Putin to challenge China in the Bitcoin race

China, the world leader in Bitcoin mining, may have some competition as the Kremlin enters the race, even creating its own its own cryptocurrency wallet.Russia has a complicated history with Bitcoin. The debate to ban the cryptocurrency has swayed back and forth for the past several years, even threatening extremely harsh prison sentences, but things have recently taken a more supportive turn.
The push began in early 2016 when the Bank of Russia began evaluating the applications of blockchain te