Foreign Investors Interested in Crimean Blockchain Cluster, Official Claims
Chinese investors have expressed their interest in creating a crypto investment fund and exchange in Crimea, official claims Go to Source Powered by WPeMatico
Russia
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Government of Abkhazia Cuts Off Power to 15 Cryptocurrency Mining Facilities
The government of the Republic of Abkhazia has cut power to 15 crypto mining farms amid concerns over electricity consumption Go to Source Powered by WPeMatico
Russian Bitcoin Mining Granny Is Bullish on the Industry’s Future
A residential block of red bricks stretches unambitiously under the freezing sky of Irkutsk, in the Russian province of Siberia. Inside, a series of small bitcoin mining machines are running on cheap electricity, as grandmother Valeriya’s family of domestic miners, a bullish bunch, stack up a potential fortune for the future. Also read: Skeptical Payoneer CEO … Read more
Huobi and Major Russian Bank to Provide Legal Help to the Crypto Industry
The recently established Russian subsidiary of global cryptocurrency exchange Huobi and Vnesheconombank, Russia’s state-owned development bank, are now partnering to offer crypto companies legal support and advice. The newly created “legal lab” will also represent blockchain businesses in court. Also read: German Startup Devises Eco-Friendly Energy-Efficient Miners Legal Lab to Assist Crypto Companies in Russian … Read more
Maduro’s Promotion of the Petro Yet to Yield Results
Venezuelan President Nicolas Maduro has been tirelessly promoting the petro, ever since his administration announced the creation of what is now considered the first state-issued cryptocurrency. Although no one is really sure whether the coin actually works, Venezuelans have already seen their salaries denominated in the national crypto and their pensions converted to petro. Imposing … Read more
Ex-CIA Official Claims Blockchain Is ‘Biggest Threat’ to Future of US National Security
A former CIA intelligence officer has claimed blockchain represents the “biggest threat to America’s national security” in coming years Go to Source Powered by WPeMatico
The Daily: Argentina Meets 2019 With New BATMs, Russia Budgets Millions to Block Sites
In this edition of The Daily, we focus on the growing number of bitcoin ATMs in Argentina. Five new devices have been installed recently in Buenos Aires. We also look at a report that Russia’s telecom watchdog plans to spend millions of dollars to restrict access to banned websites and services such as Telegram. And … Read more
Poll Shows 13% of Russians Use Cryptocurrency for Online Purchases
Cryptocurrency transactions are becoming a viable alternative to traditional electronic payments and Russia is no exception to the trend. Recently conducted surveys indicate that a large number of Russians have already started using digital coins for online purchases and many others are willing to try. Also read: Russians to Be Allowed ICO Investments up … Read more
Russian Finance Ministry Considers EAEU Digital Currency ‘Inevitable’ Due to US Sanctions
Russia’s Ministry of Finance believes that creation of a single digital currency backed by Eurasian Union is inevitable due to U.S. sanctions Go to Source Powered by WPeMatico
Greek Supreme Court Rules in Support of Extraditing Alleged Bitcoin Launderer Vinnik to France
The Supreme Court of Greece has ruled in support of a decision to extradite the alleged former operator of now-defunct crypto exchange BTC-e to France Go to Source Powered by WPeMatico