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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
Here Comes Russia’s Largest Crypto mining Farm worth 7.3 Million U.S Dollars by CryptoUniverse
23.5.2019
Equipped with 3000 pieces of mining equipment, spread across 4000 sq. Meters, Russia’s largest crypto mining farm is all set to surprise us. CryptoUniverse is the mind behind this plan. The mining farm has been constructed on the site where previously the “Soviet fertilizer-producing laboratory”...
Central Bank of Russia Expects Crypto Draft Bill to Be Adopted in Spring 2019
22.5.2019
Russia’s central bank believes that the draft bill on crypto regulation is prepared enough to be adopted in spring 2019, in accordance with the order of president Vladimir Putin
Saudi Arabia States Oil Producers are Looking to Reduce Inventories
22.5.2019
One commodity that almost always sends investors into a bit of a tizzy is oil, and due to the current fragility in the oil market, there has been a lot of concerns from investors all over the world. In a recent report, Bank of America had even stated that the price of Brent crude could …
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Russia’s Central Depository to Launch Security Token Blockchain Next Month
22.5.2019
Russia’s National Settlement Depository will launch its long-awaited digital asset ledger next month – 5,000 kilometers away from its Moscow HQ
Russia ‘Suspends’ Crypto Legislation, Blames FAFT Ruling for Delay
22.5.2019
The Russian government has postponed the introduction of its planned cryptocurrency regulations – laying the blame for the delay at the feet of the international Financial Action Task Force (FATF).
New agency Tass reports that the legislation – which had been slated for a second reading in...
Terror Groups Are Increasingly Using Cryptocurrencies, Senior Russian Official Warns
21.5.2019
The director of Russia’s federal security service has warned that terror groups are increasingly being financed through cryptocurrencies
Russia Delays Adoption of Crypto Regulation Due to FATF Order to Legislate Bitcoin
21.5.2019
Russia is delaying the adoption of its crypto regulation due to a FATF requirement to legislate terms such as “bitcoin” and “crypto”
Senior Official in Russian Parliament Says That Cryptos Can Ruin Governments
20.5.2019
A senior official in Russia's parliament has argued that cryptocurrencies have the potential to ruin governments
Russian Sberbank Demands Client Provide Data on Cryptocurrency Revenue
18.5.2019
Russia’s largest bank Sberbank is making a client disclose information about their cryptocurrency revenue and details of their mining farms