Investments, Offshores, Foreign Trade – Russia Planning for Crypto

Investments, Offshores, Foreign Trade – Russia Planning for CryptoWith regulations on the horizon, high-ranking officials in Russia have come up with ideas on how to harness cryptocurrencies when, hopefully, they are finally legalized. The need of finding ways to circumvent sanctions on several fronts seems to be the main incentive for the ingenuity in the corridors of power in Moscow. Also read: Iran […]

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Bitcoin in Brief Tuesday: Wary Giants, Eager Dwarfs

Bitcoin in Brief Tuesday: Wary Giants, Eager DwarfsFor some obvious reasons, but also irrational fears, big players like China, Russia, and the European Union are wary of cryptos like bitcoin. Centralized control doesn’t square with decentralization. However, often that’s not how their own regions and smaller neighbors feel about cryptocurrencies. In today’s Bitcoin in Brief we cover some recent developments mirroring this […]

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Kaliningrad Offers Tax Breaks to Attract Bitcoiners

Kaliningrad Offers Tax Breaks to Attract BitcoinersCrypto regulations have not been adopted in Russia yet, but a string of words and deeds suggests that Moscow may take full advantage of the “phenomenon” in order to uphold national interests. Ideas and proposals to attract businesses and human capital in areas of strategic importance across the vast country have been circulated by officials […]

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Bittrex Blocks Residents of North Korea, Iran, Crimea, Syria, and Cuba

Bittrex Blocks Residents of North Korea, Iran, Crimea, Syria, and CubaConcerns from Russian traders that they may be unable to access Bittrex once the exchange’s new terms of service come into effect this month appear to have been alleviated. Starting March 9th, the exchange will formally block residents of North Korea, Iran, the Crimean region, Syria, and Cuba from accessing its trading services. Also Read: The […]

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Russia to “Tame and Test” Crypto Technologies in Crimea

Russia to “Tame and Test” Crypto Technologies in CrimeaA proposal to “tame” crypto technologies in Crimea has been made in Russia’s parliament this week. A local representative of the Russian Association of Cryptocurrencies and Blockchain told deputies the republic’s jurisdiction can be used to “test the new phenomenon”. RACIB has been working on a roadmap to implement the “Crypto-Crimea” plan and set up […]

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