While the Russian government and the central bank are preparing to regulate cryptocurrencies and ICOs — with a draft bill expected to be ready by mid-2018 — the authorities have taken steps to limit cryptocurrency trading in the country. Thus yesterday Roskomnadzor, the Internet and telecom regulator, announced that it has blocked access to 13 …
Russia blocks access to 13 cryptocurrency trading sites Read More
Creative marketers and Blockchain programmers have teamed up to launch mytime, a platform designed to reward online buyers of services for their time. “Our time is finite while the amount of services and content keeps growing. Companies fight for customers’ attention. We offer to turn time into a measurable value and give an efficient tool …
New Blockchain platform aims to turn Internet time into cryptocurrency Read More
The Russian authorities’ position about ICOs and cryptocurrencies, which has been subject to wide uncertainty and contradictory signals so far, should be clarified at last, according to President Putin’s decision to develop a legislative framework by July 1, 2018. Following a meeting on October 10 with Finance minister Anton Siluanov, Bank of Russia Head Elvira …
Putin sets deadline to legalize ICOs and cryptocurrencies in Russia Read More
Last week, following a period of mixed signals from the authorities about cryptocurrencies, the Russian communications minister Nikolay Nikiforov said that President Vladimir Putin has officially endorsed a Russian cryptocurrency, the ‘CryptoRuble.’ “We’re launching CryptoRubles for one simple reason: if we do not, then after two months it will be done by our neighbors in …
Dmitry Gutov’s Moscow kitchen is home to an automated mining operation. Not for gold and industrial metals like many of his country’s exporters, but for bitcoin-like cryptocurrencies such as Ethereum’s ether. Since installing a DIY system assembled from multiple computer graphics processors in April, Gutov has earned $3,000 of virtual currency and paid off the …
President Vladimir Putin called for regulation of cryptocurrencies but stopped short of backing a broad ban as a debate rages over how Russia should handle the increasingly popular financial instruments, Bloomberg reported today. “The use of cryptocurrencies bears serious risks,” including money laundering, tax evasion and funding for terrorism, the news agency quoted Putin as saying …
Putin backs cryptocurrency rules and warns of “serious risks” Read More
In late September Russian Miner Coin (RMC) raised the equivalent of $43 million through an ICO to create a “next-gen ecosystem for miners and investors,” challenging China in this field. This impressive amount set a new record in the Eastern European ICO scene; however, it is well below the company’s initial $100 million target. Asked about the consequences …
Russian Miner Coin raises $43 million in ICO to challenge China in bitcoin mining Read More
Cryptocurrencies aficionados have a variety of options to buy, store and sell their digital assets – but such operations become complicated when dealing with several currencies. There is now an app to address this issue. It has just been launched by Indacoin, a UK-based company backed by Russian business angels Stanislav Kosorukov, Sergey Merkukov and Alexey …
This app lets you buy more than 200 cryptocurrencies with a bank card Read More
BBFpro, a Novosibirsk, Russia-based bitcoin selling company, has installed ten cryptocurrency ATMs in the city, as reported earlier this month by the Russian media based on company statements. To create the new terminals, the company has rewired traditional ATMs. These have been installed in beverage shops, where the rent is twice lower than in shopping …
Burger King Russia has just launched Whoppercoin, a cryptocurrency which can be traded for Whoppers. For each ruble spent at Burger King locations in Russia, diners will get a quantity of Whoppercoin sent to their digital wallet via Waves, a Russian-based Blockchain platform. “Now a Whopper is not only a burger that people in 90 different …
Burger King Russia launches “Whoppercoin,” accepts crypto as payment method Read More
In this Blockchain era where technology promises to digitize virtually any type of assets, the emergence of gold-backed tokens is no surprise. The concept is not new, but we are now witnessing its first applications. One of these projects is propelled by Goldmint, a company with Russian roots now preparing for its ICO and the …
“As good as gold:” This Russian-designed token aims to tackle cryptocurrency volatility Read More
The Blackmoon Crypto Platform, which presents itself as “a one-stop solution for asset managers to create and manage legally compliant tokenized funds,” has raised over $20 million in just one day through an ICO launched on September 12. On September 1, the startup raised $10 million through a pre-order campaign which started on August 5. …
