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From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful
6.8.2019
Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region. On July 31, Russia’s...
Blockchain Ticketing Platform From Top Russian Airline Took $1 Million in July
31.7.2019
Russia's second largest airline is touting the benefits of blockchain after a ticketing platform it developed raked in over $1 million in a month
Importer of Bitmain’s Bitcoin Miners Draws Criminal Investigation in Russia
31.7.2019
An importer of Bitmain's bitcoin miners is under investigation for underpaying customs fees, a search warrant obtained by CoinDesk reveals
Millions in Crypto Is Crossing the Russia-China Border Daily. There, Tether Is King
30.7.2019
Tether has a real-world use case: Chinese importers of cheap goods in Russia use it to send millions home daily
Large Regulated Token Sales Indicate ICOs May Be Coming Back
28.7.2019
Initial coin offerings have seen a significant decline in popularity, but they are not to be written off completely. Although you don’t hear the term “ICO” so often nowadays, some recent regulatory developments indicate they have a place in the digital economy realm. Crowdfunding...
How Big Hydro Power Partners With Bitcoin Miners to Prevent Energy Waste
22.7.2019
We are often told that the verification of bitcoin transactions eats a lot of energy. The largely inaccurate comparison to a small country, the size of Ireland or Denmark, is evoked thanks to numerous clickbait headlines. What mainstream media fails to explain, however, is that bitcoin mining...
Blockchain Start-Up Vostok Sold to Financial Consultant Firm GHP Group by Wave CEO
17.7.2019
Russian blockchain start-up Vostok, backed by Waves Platform, has been sold to financial consultancy firm GHP Group. The group was one of the earliest investors of the Vostok project. Vostok founder and Waves CEO Alexander Ivano has sold his stake in the project to GHP chief Mark Garber. Vostok...
Global Crypto War Is Heating up – Iran Next in Line With Its Own Gold-Backed Coin
17.7.2019
Control of the U.S. dollar and the global financial system that depends on it gives the American government an incredibly powerful tool in shaping international affairs. As such, it is not surprising that its geopolitical rivals around the world will try to exploit the invention of cryptocurrency...
How 10 Countries Respond to Facebook’s Libra Cryptocurrency
11.7.2019
A growing number of governments have responded to Facebook’s cryptocurrency plans including China, France, India, Japan, South Korea, Russia, Singapore, Thailand, the U.K., and the U.S. Several intergovernmental organizations have also weighed in such as the European Central Bank and the Bank...
Russian Smelting Giant Nornickel to Launch Digital Trading Platform by End of 2019
10.7.2019
Nornickel will roll out its digital trading platform for metals by the end of 2019
Russia Once Again Puts Brakes on Crypto-Legislation
10.7.2019
The man charged with getting Russia’s long-awaited package of cryptocurrency and digital finance-related bills through parliament has conceded that the key piece of legislation relating to cryptocurrencies is unlikely to be ready in time for the end of the Duma’s spring session – and will instead...
Official: Russia to Postpone Adoption of Bill on Digital Currencies
9.7.2019
Russia’s parliament is considering shifting the adoption of the DFA bill to the autumn session
Russia’s Largest Bank Is Quitting Central Bank’s Blockchain Project
2.7.2019
Enterprise blockchain project Masterchain is falling short of expectations – and Russia's largest bank is quitting in frustration
Official: Russia Will Not Introduce Separate Regulation for Facebook’s Libra
1.7.2019
Russia’s Deputy Finance Minister Alexei Moiseev said Russia will not introduce separate legislation regarding Facebook’s Libra
Russia Won’t Ban Facebook’s Libra Currency, Deputy Finance Minister Says
1.7.2019
The Russian Ministry of Finance will not issue special regulations for Facebook's upcoming cryptocurrency, an official said
As Oil Demand Falters, OPEC Decides To Keep Output Cuts Into Next Year
1.7.2019
The OPEC countries’ share of oil production may have become far less than what it used to be, but the institution is still regarded as one of the most powerful bodies when it comes to the oil industry. The soaring production levels of shale oil in the United States and the weak outlook with regards...
Edward Snowden Used Bitcoin to Pay for Servers Used in NSA Leak
28.6.2019
The servers Edward Snowden used to leak thousands of documents to journalists were paid for using bitcoin, the NSA whistleblower has revealed
Russian Central Bank: Criminals Rarely Use Crypto to Withdraw Stolen Funds
24.6.2019
A Russian central bank official said that criminals rarely use cryptocurrency to withdraw stolen money
Russia May Allow Crypto Trading in Upcoming Legislation: Official
24.6.2019
As Russia's cryptocurrency bill inches towards being finalized, a government official has suggested that trading might be allowed
Russian Ministry of Finance Considers Allowing Cryptocurrency Trading
22.6.2019
Russian Ministry of Finance is considering allowing cryptocurrency trading in the Russian Federation