Tag Archives: Russia

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 […]

Roundup – 22/01/19 – Dutch Central Bank Devises Plan to Licence Crypto Exchanges & more

Dutch Central Bank Devises Plan to Licence Crypto Exchanges The Dutch Central Bank (DNB) has devised a new approach to cryptocurrencies. According to DNB, cryptocurrencies are means that bear a high-financial crime risk. Therefore, the government should give exchanges official licences if they meet the required regulations. The strict application of AML/CFT regulations is seen […]

Roundup – 19/01/2019 – Wyoming Might Legalize Cryptocurrencies as Money & more

Wyoming Might Legalize Cryptocurrencies as Money A group of pro-Bitcoin Senators and Represantatives have introduced a bill that seeks to give cryptocurrencies the legal status of money. This would give owners of cryptocurrencies property rights. Banks could offer custody and other services for cryptocurrencies without acquiring special licences. Last but not least the citizens of […]

Roundup – 18/01/2019 – Russia Denies $10bn Investment Rumours & more

Russia Officially Denies $10bn Bitcoin Investment Rumours  The Russian government has reacted to recent rumours that it would invest “$10 billion” in Bitcoin. Elina Sidorenko, chair of the Duma’s cryptocurrency group, officially denied that there is any truth to the rumour. Sidorenko stated that the Russian Federation “like any other country in the world” is […]

Roundup 15/01/2019 – Fake News: Russia to Invest $10 bn in Bitcoin & more

Russia to Invest $10 bn in Bitcoin – Fake News Yesterday, the Telegraph reported that Russia is likely going to invest $10 billion in Bitcoin. Vladislav Ginko, a Russian economist, spread the rumour. According to him, the Russian government has done “enormous work” to “start investing huge amounts of Central Bank’s reserves into Bitcoin”. However, […]

Roundup – 22/10/2018 – Mining Issues in Russia & USA & more

Court rules Russian Church to Pay Higher Electricity Fees for Mining A regional court in Russia ruled that a church that apparently mines cryptocurrencies should pay higher electricity fees. Private people in Russia and some organizations like churches pay relatively low electricity fees. This led many individuals to mine cryptocurrencies in private. However, the energy […]
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