Russian ‘Time Capsule’ to Facilitate Inheritance of Crypto Assets

Russian ‘Time Capsule’ to Facilitate Inheritance of Crypto AssetsResearchers in Moscow are developing a new service that will allow users to transfer digital data to their heirs, including crypto keys. The Russian “time capsule” will be capable of storing and relaying other private information as well such as a record of the whereabouts of valuable items. Russian Universities to Provide Service Allowing Crypto […]

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Internet Company The9 Reveals Hosting Partnership With Russian Bitcoin Miner Bitriver

Internet Company The9 Reveals Hosting Partnership With Russian Bitcoin Miner BitriverDuring the first week of April, the publicly-listed gaming and internet company The9 Limited revealed its intentions to purchase 2,000 Avalonminers from the manufacturer Canaan. On Monday, The9 announced it has signed a hosting agreement with the Russian-based firm Bitriver as the company will leverage 15 megawatts (MW) of Bitriver’s capacity for two years. The9 […]

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De-Dollarization: Russia Removing All US Dollar Assets From Its $600 Billion National Wealth Fund

De-dollarization: Russia Removing of All Dollar Assets From National Wealth FundRussia has reportedly announced that U.S. dollar assets will be removed from its National Wealth Fund as U.S. sanctions on Moscow intensify. The fund, which currently totals about $600.9 billion, forms part of Russia’s gold and currency reserves. Russia Steps up De-Dollarization Efforts Russia’s finance minister, Anton Siluanov, announced at the St. Petersburg International Economic […]

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Survey: 14% of Russians Think Cryptocurrencies Will Oust Fiat in 10 Years

Survey: 14% of Russians Think Cryptocurrencies Will Oust Fiat in 10 YearsA new survey revealed the different stances of Russians toward cryptocurrencies and fiat currency. Specifically, some of the respondents believe digital assets will replace fiat in ten years. Residents in Moscow Believe Cryptos Will Replace Fiat, While Others Are Skeptical According to Nord News, the research was conducted by Otkritie Bank, a Moscow-based financial institution […]

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Russia’s New Prime Minister Has an Opinion of Cryptocurrencies

Russia’s New Prime Minister Has His Opinion on CryptocurrenciesThe Russian Federation has a new prime minister, Mikhail Mishustin, with a track record of statements regarding cryptocurrencies and an affection for digitalization. A stated goal of his government will be to turn the country into a digital platform “for the people.” Time will tell, however, whether his plan encompasses the legal use of decentralized […]

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Here’s How Belarus Pressures Russia to Legalize Cryptocurrencies

Here’s How Belarus Pressures Russia to Legalize CryptocurrenciesRelations between Belarus and Russia have always been quite complicated. The union the two close allies created has faced all kinds of challenges over its 20 plus years of existence. Now cryptocurrency is becoming a new apple of discord, as Minsk has taken a relatively friendly approach to regulating decentralized assets, while some in Moscow […]

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Anti-Corruption Group Proves Crypto’s True Power: You Can’t Confiscate Math

Russian Anti-Corruption Group Shows Crypto's True Power: You Can't Confiscate MathLast week in Russia, state agents tore apart the offices of FBK, a privately funded anti-corruption foundation, freezing group assets and more than 100 bank accounts. Officials are using suspicion of money laundering as justification for targeting the largely bitcoin-funded group, possibly in a bid to quell their hand in upsetting Moscow politics. This case […]

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