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Tag Archives: Russia

Trump Advisor Calls Libra a ‘Good Thing’, Russia Considers Legalizing Trade of Cryptocurrencies & more

Trump Advisor Thinks Of Facebook’s LibraCoin As a ‘Good Thing’ Stephen Moore, Chief Economist of the Heritage Foundation and advisor to the Trump administration, has spoken positively about Facebook’s stablecoin Libra. He said that cryptocurrencies “are coming”, that there will be “competition from private currencies” to the Fed and  that it will become a “challenge […]

Governor Of Russia’s Central Bank Is Mulling A Gold-backed Crypto Project

The governor of Central Bank of the Russian Federation, Elvira Nabiullina, while addressing the State’s Duma told the Russian lawmakers that the institution is contemplating developing a gold-pegged Crypto. This is according to a report from a Russian news agency known as TASS that reveals that the highest bank in Russia is reviewing a proposal […]

Kraken Sells Shares to Small Investors, Russia-Venezuela Trades in Petro? & more

Kraken Started Small-Investor Funding Round Kraken has started a funding round that allows small investors to buy shares of the company. The minimum investment amount lies at $1000. Kraken’s partner in the share offering is Bnk to the Future. The exchange already started a funding round for bigger investors in Q4 2018. The minimum investment […]

Roundup – 02/04/2019 – Report: Terrorists Do Not Rely On Cryptocurrencies (Yet) & more

Report: Terrorists Do Not Rely On Cryptocurrencies (Yet) A report by the Rand Corporation on the “Terrorist Use of Cryptocurrencies” suggests that crypto does not play a major role in terrorism yet. The Rand Corporation is a think tank that counsels the military. The report shows that cryptocurrencies”are not well matched with the totality of […]

Roundup – 30/03/2019 – Russia Could Get the First Palladium Backed Cryptocurrency & more

Russia Could Get the First Palladium Backed Cryptocurrency Russian billionaire Vladimir Potanin is planning to create cryptocurrency tokens backed by palladium, to launch several digital platforms for a more fluid transaction. Nornickel is likewise emerging with a similar platform to be used for internal transactions to enable testing of regulating blockchain-type systems by a single […]

Roundup – 08/03/2019 – Financial Committee of Russia Recommends Outlawing Anonymous Use of Crypto & more

Financial Committee of Russia Recommends Outlawing Anonymous Use of Crypto The chairman of the financial committee of Russia, Ivan Aksakov, has stated that the anonymity of crypto users should is a problem.According to Aksakov, the Russian state should outlaw paying and transferring cryptocurrencies anonymously. However, it is difficult to enforce such a law. Most of […]

Roundup – 28/02/2019 –  London Stock Exchange Invests $20 Million in Crypto Startup & more

 London Stock Exchange Invests $20 Million in Crypto Startup The London Stock Exchange (LSEG) has invested in the crypto startup Nivaura. The company launched the first crypto bond in 2017. Furthermore, it facilitates the tokenization and trading of securities. LSEG reportedly spent about $20 million in Nivaura. The startup settles all its assets via its […]

Roundup – 25/02/2019 – Macron Advocates Use of Blockchain in Agriculture & more

Macron Advocates Use of Blockchain in Agriculture The French President Macron has advocated the use of blockchain in the agriculture industry. Macron made the following statement during the 56th Agriculture Fair that opened last Saturday: “Faisons à cet égard de l’Europe, l’avant-garde de la data agricole en développant des outils qui permettront de suivre chaque […]

Roundup – 23/02/2019 – Russia Set Legal Framework to Issue State Cryptocurrency & more

Russia Set Legal Framework to Issue State Cryptocurrency The Russian Duma, the lower house of Russia’s Federal parliament, will reportedly debate and adopt a law on cryptocurrency. Accrding to Igor Yusuf, one of Russia’s retired Energy Ministers, the law will provide a legal basis to create a cryptocurrency. Yusuf speculates that Russia could back the […]

Roundup – 15/02/2019 – Russian Minister of Justice: No Need to Further Regulate Cryptocurrencies & more

Russian Minister of Justice: No Need to Further Regulate Cryptocurrencies The Russian Minister of Justice, Alexander Konovalov, declared that there is no need to regulate cryptocurrencies as of now. The Russian constitution would provide enough clarity for the moment. It declares that the only legal currency of Russia is the Rubel and that no other […]
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