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CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity. Edited by Stephen Alpher. In the past two decades, Russia has often been named as the world leader in mistrust in public institutions, with the latest Levada poll in noting an even further decline in trust in banks and other economic institutions. Resource-abundant, but heavily sanctioned Russia took significant steps last year by turning to Bitcoin to evade sanctions. Only time will tell whether Russia is here to stay as a relevant power in the Bitcoin mining field, or if it is simply looking for a new money source to temporarily help its ailing economy.
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