Russia’s Largest Bank Confirms It Will Not Develop Crypto-Related Services
The CEO of Russia’s largest bank, Sberbank, officially confirmed that bank will not develop any crypto-related services Go to Source Powered by WPeMatico
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Medici Ventures Leads Funding Round for Blockchain-Based E-Voting Platform
Medici Ventures leads $7 million funding round for blockchain-based voting platform Go to Source Powered by WPeMatico
Barrels of Oil May Be Paid for Using Crypto One Day, Head of Russian Energy Giant Says
The head of Russian oil company Rosneft has not ruled out the possibility of paying for oil using cryptocurrencies in the future Go to Source Powered by WPeMatico
Russia’s Third Largest Food Retail Firm Uses Blockchain-Based Open Trade Finance Platform
Russia’s third-largest food retailer, Dixy, has implemented an Ethereum blockchain-enabled trade finance platform for factoring services Go to Source Powered by WPeMatico
Belarus General Prosecutor Warns About Cryptocurrency’s Use in Tax Evasion
Belarus remains worried about crypto’s role in cybercrime and tax evasion, according to comments from the country’s general prosecutor Go to Source Powered by WPeMatico
Russia: Supreme Arbitration Court Judge Urges for Inclusion of Crypto in Civil Law
A judge at Russia’s Supreme Arbitration Court urged lawmakers to include the term “digital assets” in the Russian Civil Law Go to Source Powered by WPeMatico
Russia: Raiffeisen Bank Introduces Blockchain Platform for Corporate Settlements
A Russian subsidiary of Austria’s Raiffeisen Bank International has introduced a blockchain platform for settlements by holding firms Go to Source Powered by WPeMatico
Russia’s Largest Bank Halts Crypto Plans Due to Central Bank’s Negative Stance
Russia’s largest bank, Sberbank, has suspended its crypto-related plans due to the central bank’s negative stance on crypto Go to Source Powered by WPeMatico
Russian Police Arrest Alleged Creator of Large Crypto Pyramid Scheme From Kazakhstan
Russian police have arrested the alleged creator of a Kazakh crypto pyramid scheme who confessed to illegally crossing the Russian border on horseback Go to Source Powered by WPeMatico
G20 Countries Start Implementing Unified Cryptocurrency Standards
As the G20 summit approaches, member countries have been discussing how to implement the standards set by intergovernmental organizations such as the Financial Action Task Force. While there may be some challenges in complying with the standards, the European Central Bank says the risks crypto assets pose to the euro area’s financial stability are manageable. … Read more