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Cryptocoins News is a major online publication intended for people using or familiar with bitcoins and other cryptocurrencies.

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Russia to promote environmental projects with “green cryptocurrency”

September 14, 2017

The All-Russia People’s Front (ONF), led by President Vladimir Putin, has submitted a proposal to the Russian government to create a “green cryptocurrency” to promote green energy and the development of environmental projects. The coordinator of the ONF project called “General cleaning”, Dmitry Mironov, stated that it is time to create a federal law on …

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Russian authorities consider keeping Bitcoin away from the public

September 1, 2017

In a turn of events, Russia’s deputy minister of finance Alexey Moiseev has claimed bitcoin is akin to a high-risk “financial pyramid,” hence requiring tight regulation. The Ministry of Finance is in discussion with Russia’s central bank and the Moscow Stock Exchange about such regulation, said Moiseev in a TV interview with Russian channel Rossiya 24. The authorities …

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Russia’s first deputy PM supports a state cryptocurrency

August 31, 2017

In an interview with Russian publication RBC, Igor Shuvalov, Russia’s First Deputy Prime Minister spoke of his support for cryptocurrencies. The senior official specifically called for the creation of a “crypto-ruble,” a state-backed cryptocurrency that would, according to him, make the Russian economy stronger. The Russian official’s comments come with months of the notable revelation that …

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Russia’s central bank plans to tax bitcoin, deem it a “digital commodity”

May 31, 2017

According to its deputy chairwoman, Olga Skorobogatova, Russia’s central bank is in the process of drafting legislation to legally recognize and monitor digital currencies. The preliminary draft regulation could be presented to the Russian State Duma, the lower chamber of the Russian Parliament, as soon as June, Skorobogatova was quoted as stating by Interfax. Skorobogatova’s comments …

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Japan proposes common digital currency with Russia for contested Kuril islands

April 27, 2017

Japan has suggested a common digital currency with Russia as the regional currency in place of the Russian ruble and the Japanese yen at the long-disputed southern Kuril islands. An economic proposal by Tokyo to Moscow to build bridges between the two countries includes a number of joint economic projects on the Russian-controlled Kuril islands …

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Blockchain considered in proposal to improve regulating Russia’s National Payment System

August 31, 2017

Russia’s Association Financial Innovation (AFI) released a “roadmap” for improving the regulation of the National Payment System (NSPK in Russian) that includes using blockchain technology, according to Plusworld, a Russian news source. Following discussion, the proposal is to be submitted to the Bank of Russia, the Ministry of Finance, the Federal Financial Monitoring Service and the …

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Putin critic and Russian presidential candidate Alexei Navalny accepts bitcoin donations

December 18, 2016

Russian anti-corruption lawyer and politician Alexei Navalny is accepting donations in bitcoin in his newly-announced bid for the 2018 presidential election, according to the candidate’s website. The campaign also accepts Yandex.money, bank cards and PayPal. On Tuesday, Leonid Volkov, head of Navalny’s electoral campaign tweeted that in the first 3.5 hours of his campaign, he received his first …

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Qiwi is working on a Blockchain energy project in Crimea

August 31, 2017

Qiwi, a Russian payment system operator and one of the country’s most active cryptocurrency players, will launch a test to track energy transactions using Blockchain technology in partnership with Tavrida Electric, one of the world’s leading suppliers of circuit breakers and a global energy smart grid supplier. Each Tavrida Electric transaction will be recorded on …

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Bitcoin legal by default in Russia, confirms new federal tax document

December 5, 2016

A document by the federal tax authority in Russia has revealed its first official stance on the legal status of cryptocurrencies and it makes for good reading for adopters of bitcoin and other digital countries in the Russian federation. The document deems trading of bitcoin and other digital currencies as foreign currency transactions according to …

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New Blockchain social media platform speaks with a Russian ‘Voice’

December 23, 2018

With cyber.Fund using Steemit as a template, Voice is intended to cater to the uniqueness of the Russian people, as contributions to the Steemit website are primarily in English, although there are posts in a few other languages. In an official release by Bitcoin Conference Russia, cyber.Fund stated that they looked to create a decentralized social network for authors, bloggers and …

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After South Africa, Russia’s Central Depository partners with China over blockchain

August 31, 2017

A memorandum of understanding signed yesterday sees Russia’s National Settlement Depository (NSD) and the China Securities Depository and Clearing Corporation Limited (CDSC) – both their respective countries’ central securities depositories – partner to develop blockchain applications in the post-trade space. The partnership was announced yesterday by the NSD, which has also engaged in a similar endeavor to develop blockchain solutions …

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The Russian bitcoin ban plan is on indefinite hold

October 26, 2016

Earlier this month Alexei Moiseev, the Deputy Finance Minister of the Russian Federation, stated that the spread of bitcoin in Russia does not represent a threat the country’s financial ecosystem, at its current rate of adoption. As such, the plan to ban the cryptocurrency is now paused. Moiseev had primarily spearheaded the Russian Finance Ministry’s …

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