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Russian Parliament Considers Imposing Fines on Crypto Mining by End of June
10.6.2019
Russia’s parliament is considering imposing administrative responsibility for crypto mining on open blockchains, including fines for the organization and issuance of crypto
Russia Is Considering To Create A Financial Center For Crypto Trading On Chinese Border
10.6.2019
Russia is one of the most important crypto markets in the world and has been quite a favorable country. And as per recent reports, the country will set up a financial center for cryptocurrency trading. According to Leonid Petukhov, the head of the agency of the Far East for Investments and Exports...
Russian Region Yugra to Launch Blockchain-Enabled Tourism Platform
9.6.2019
A blockchain-enabled tourism platform will be launched in the Khanty-Mansi autonomous region in Russia
Russia’s Largest Bank Confirms It Will Not Develop Crypto-Related Services
7.6.2019
The CEO of Russia’s largest bank, Sberbank, officially confirmed that bank will not develop any crypto-related services
Medici Ventures Leads Funding Round for Blockchain-Based E-Voting Platform
6.6.2019
Medici Ventures leads $7 million funding round for blockchain-based voting platform
Barrels of Oil May Be Paid for Using Crypto One Day, Head of Russian Energy Giant Says
6.6.2019
The head of Russian oil company Rosneft has not ruled out the possibility of paying for oil using cryptocurrencies in the future
Russia’s Third Largest Food Retail Firm Uses Blockchain-Based Open Trade Finance Platform
5.6.2019
Russia’s third-largest food retailer, Dixy, has implemented an Ethereum blockchain-enabled trade finance platform for factoring services
Belarus General Prosecutor Warns About Cryptocurrency’s Use in Tax Evasion
5.6.2019
Belarus remains worried about crypto’s role in cybercrime and tax evasion, according to comments from the country’s general prosecutor
Russian Retailer Dixy Using Ethereum Tech to Streamline Trade Finance
5.6.2019
Grocery chain Dixy has partnered with a blockchain startup to greatly reduce the time it takes to pay suppliers
Russia: Supreme Arbitration Court Judge Urges for Inclusion of Crypto in Civil Law
4.6.2019
A judge at Russia’s Supreme Arbitration Court urged lawmakers to include the term “digital assets” in the Russian Civil Law
Russia: Raiffeisen Bank Introduces Blockchain Platform for Corporate Settlements
31.5.2019
A Russian subsidiary of Austria’s Raiffeisen Bank International has introduced a blockchain platform for settlements by holding firms
Russia’s Largest Bank Halts Crypto Plans Due to Central Bank’s Negative Stance
30.5.2019
Russia's largest bank, Sberbank, has suspended its crypto-related plans due to the central bank’s negative stance on crypto
Russian Police Arrest Alleged Creator of Large Crypto Pyramid Scheme From Kazakhstan
29.5.2019
Russian police have arrested the alleged creator of a Kazakh crypto pyramid scheme who confessed to illegally crossing the Russian border on horseback
G20 Countries to Follow FATF to Devise Integrated Crypto Standards
29.5.2019
The assembly of 20 biggest economies of the world, G20, has decided to announce regulations on cryptocurrencies to counter financial terrorism and money laundering in their last meeting. The members are now discussing how to devise the standards that were set by the FATF as the next G20 summit...
G20 Countries Start Implementing Unified Cryptocurrency Standards
29.5.2019
As the G20 summit approaches, member countries have been discussing how to implement the standards set by intergovernmental organizations such as the Financial Action Task Force. While there may be some challenges in complying with the standards, the European Central Bank says the risks crypto...
Russian State Tests Blockchain-Based Application for Public Administration
28.5.2019
The Russian oblast of Nizhny Novgorod is reportedly testing a blockchain-based application for public administration
Countries Suffering From Rapid Inflation Show Significant Demand for Cryptos
28.5.2019
Cryptocurrencies have been trending upwards in price over the last few weeks, but in certain countries around the world digital assets have become far more valuable. For instance, in Argentina, the nation’s sovereign currency has lost considerable value and cryptocurrencies like BTC...
Russian State-Owned Holding Giant Proposes to Apply DLT in All the Gov’t Data Systems
24.5.2019
Russian state-owned holding conglomerate Rostec proposes a $1.3 billion-worth plan to apply blockchain in all the state data systems
Russian Central Bank to Consider Gold-Backed Cryptocurrency
23.5.2019
The Bank of Russia will consider the use of a gold-backed cryptocurrency to facilitate international settlements, according to its governor
Russia’s Central Bank to Consider Gold-Backed Cryptocurrencies for Mutual Settlements
23.5.2019
Russia’s central bank will consider an opportunity to issue a gold-backed cryptocurrency to close mutual settlements with other countries