Russia: Prosecutor’s office summons Burger King for issuing cryptocurrency

Source: Bitcoin.com

“The Russian prosecutor’s office has summoned Burger King to explain the issuance of its cryptocurrency called Whoppercoin. Burger King is confident that it has not broken any laws since there is currently no regulation for cryptocurrency in Russia. … The Russian network of Burger King revealed in August that it had issued a cryptocurrency in Russia on the Waves blockchain platform. The token platform lets users who download their wallet issue their own coins and trade them with other Waves wallet holders. A decentralized exchange built into Waves wallets allows their tokens to be traded with other cryptocurrencies as well as fiat currencies.” (09/22/17)

https://news.bitcoin.com/russian-prosecutors-office-summons-burger-king-issuing-cryptocurrency/