December 2, 2023

Viber can launch its cryptocurrency Rakuten Coin in Russia

Viber can launch its cryptocurrency Rakuten Coin in Russia

Viber, a popular messenger in Russia, plans to launch its own cryptocurrency in our country. About this inAn interview with Kommersant was told by the head of the company, Jamel Agaua.

Viber cryptocurrency goes to Russia

In recent months we have been closely focusedon cryptocurrencies from Facebook and Telegram, but Viber’s plans have also been known for a long time. Even if the messenger does not have such a loud reputation as the two above-mentioned competitors, the fact remains a fact — it has a huge audience in Russia, and it may soon gain access to cryptocurrency.

In an interview, Agaua noted that to launchCryptocurrencies in the global arena need to resolve many legal issues. At the moment, the regulators of many countries have not yet decided on how they should relate to new financial instruments.

This is due to outright slowness andthe clumsiness of financial supervisors: they were accustomed to existing mechanisms and did not pay due attention to progressive technologies. The result is a situation in which businesses are ready to develop the digital industry, and governments — No.

What prevents the launch of Rakuten Coin in the world?

Cryptocurrency messenger should be namedRakuten Coin, taken from the owner of Viber. Despite the fact that this organization is located in Japan, it is not yet planned to launch a digital currency in its homeland. If everything goes smoothly, Russia could be the first country to appear in Rakuten Coin.

According to various sources, Viber's user base isRussia has about 50 million people. Despite the fact that the messenger is inferior to WhatsApp in this indicator, the audience is truly huge. Another question — what will be the demand for cryptocurrency among these people. The messenger is mainly used by people of the older generation, among whom the interest in innovative financial services is not as high as we would like.

Finally, Agaua said that now his companyis closely monitoring the fate of Facebook's Libra cryptocurrency. Moreover, the messenger decided not to take any steps on the world stage until the position of regulators regarding Zuckerberg’s project becomes clear. This decision seems logical, given the general uncertainty and risks inherent in the path of pioneers.