Russian Secret Service Demanded $1M Bitcoin Bribe From Media Mogul
Bitcoin hit the headlines in Russia again this week after it emerged the country’s law enforcement had tried to extract a bitcoin bribe worth $1 million. FSB Illegally Sought $1.02...
Russia is Realizing It Has No Clue How to Regulate Cryptocurrency
The proposed ‘digital assets’ law aims to “legalize ICOs” in Russia and is expected to be reviewed in May. But lawmakers are slowly realizing the futility of...
Russia’s ‘Gold-Backed Crypto’ Would Lose to...
Russia and China buying up gold may be setting the stage for a gold-backed cryptocurrency, suggests a former EU minister. However, such a scheme would still be inferior to Bitcoin...
New Survey Finds 74% of Russians are Familiar with Bitcoin
A public opinion poll in Russia has shown that only one-third of people in the country do not think Bitcoin (BTC) is a viable investment. This survey result comes as recent reports...
Bitcoin Trading Plummets in Venezuela Blackout as Government...
Bitcoin use in Venezuela took a hit this week after a persisting electricity blackout appeared to limit the ability of users to transact. Bitcoin Trades Drop 40 Percent That was the...
Putin Sets July Deadline For Cryptocurrency Law in Russia
Russia’s long-running cryptocurrency regulation saga may soon be at an end as Vladimir Putin has ordered a deadline of 1st July 2019 for the approval of the...
Russia: Oil-Backed Cryptocurrency in ‘Final Stage of...
Russia’s State Duma is reportedly planning to review and adopt a cryptocurrency law to facilitate the creation of an oil-backed cryptocurrency. Russia to Adopt Cryptocurrency Law...
Iran May Unveil State-Backed Cryptocurrency This Week
Iran is reportedly expected to announce its state-backed digital currency at the annual Electronic Banking and Payment Systems Conference which starts on January 29th. The move is an...
Rumors Denying Russia’s $10B Bitcoin Investment...
The economist who told the media Russia was planning to buy $10 billion of Bitcoin has staunchly defended his remarks in the face of ensuing criticism. ‘Who Denied It? Vladimir...
‘Unlikely in Next 30 Years’ – Russian Official...
Elina Sidorenko, head of the Legislative Risk Assessment Group in Russia, says there is no merit to rumors that the country will invest as much as $10 billion in bitcoin. Russia...
Russia: Cryptoruble Coming ‘Within 2-3 Years,’...
Russia could introduce the Blockchain-based alternative to its fiat currency, the ‘Cryptoruble’, within “two to three years,” a senior politician has said. Aksakov: Cryptoruble...
Russia Planning $10B Bitcoin Investment, Insists Kremlin Economist
Russian economist, Vladislav Ginko, says Russia is looking to invest $10 billion in Bitcoin as the State Duma has put cryptocurrency legislation high on the agenda for 2019. Rumored...