Russia: Holding Bitcoin is Okay, But Using and Mining It Isn’t
The Duma (parliament) representative in Russia may finally have given some clarity on cryptocurrencies, albeit inadvertently. While announcing potential fines for miners, it stated...
Russia’s Central Bank Is ‘Against Legalization’ Of...
The head of the central bank of Russia says she does not want to legalize Bitcoin and other cryptocurrency as a payment method – because of risk and volatility. Bitcoin Has...
Russian Central Bank ‘Would Consider’ Creating...
Russia’s central bank would consider creating a new cryptocurrency backed by gold for international settlements. Gold-Backed Crypto Could Have Use In Settlements That was the latest...
Venezuela and Russia May Switch to Ruble After Trying ‘Petro’...
Venezuela and Russia are in talks to switch over to the ruble for trade after trying the ‘El Petro’ cryptocurrency, a UN ambassador has revealed. Venezuela and Russia...
Newly Elected Ukraine President Promises Blockchain Not Bribes
Cryptocurrency could be high on the policy list of the new president of Ukraine after a senior aide revealed extensive Blockchain plans this week. New Ukraine Gov’t Plans...
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...