First there was Tether; the controversial dollar-backed cryptocurrency that so many of the US establishment are fearmongering about. Then the Chinese launched a gold-backed, yuan-denominated oil futures contract. After that came Petro, the industry's first oil-backed crypto issued by the Venezuelan government. And now we might be about to see the first gold-backed cryptocurrency - by a central bank, no less. As Putin advisor Sergey Glazyev has said in the past, "the ruble is the most gold-backed currency in the world," and judging by reports from the RIA Novosti news agency tonight, the days of a digital, ... (full story)