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Russia’s stance on cryptocurrency remains unclear after the Minister of Justice this week announced that there is still no need to formalize crypto-related legislation. This is because digital assets cannot be used as a means of payment, it asserts, because the constitution forbids it. Also Read: Over 50 Bitcoin ATMs Operate Legally in Russia, Study Finds … Read more
Answering a top official’s questions on delays in releasing crypto regulation in Russia, the country’s Minister of Justice said that the concept of crypto doesn’t need legislation at this point Go to Source Powered by WPeMatico
Infotech Baltika, a Russian cargo shipping firm, deploys blockchain in several ports across the country to increase overall capacity Go to Source Powered by WPeMatico
The Moscow municipal government is planning to launch a blockchain-based IT innovation cluster by summer 2019 Go to Source Powered by WPeMatico
Andrey Kostin, head of Russia’s second largest bank VTB, compares crypto mining with counterfeiting, says crypto will be applied narrowly in the future Go to Source Powered by WPeMatico
To increase the quality and transparency of the educational processes, Russia will implement blockchain tech in school graduation exams starting in 2019 Go to Source Powered by WPeMatico
A 20-year-old hacker is set to serve 10 years in prison after pleading guilty to cryptocurrency theft valued at $5 million Go to Source Powered by WPeMatico
At least 51 cryptocurrency ATMs operate in compliance with the current regulations in Russia, estimates a new report. According to the study produced by the country’s crypto industry association, the average monthly turnover of each of these teller machines is around $27,000. Also read: Crypto Startups Push Swiss VC Investments to a Record $1.25B Most … Read more
The chairman of Russian parliament’s upper house says that a one-year delay is unacceptable for the legislation on the digital economy Go to Source Powered by WPeMatico
Russia’s Ministry of Education and Science has introduced a blockchain-based system for tracking natural diamonds Go to Source Powered by WPeMatico
