Iran Steps Up Plan for National Crypto After US Sanctions

Right after Washington’s move to impose sanctions that will restrict Iran’s access to US currency, reports came out that Tehran is speeding up the project to develop a national cryptocurrency. Officials in the Islamic Republic believe the state-issued coin could help circumvent the restrictions imposed by the Trump administration. Also read: New Bill Proposes 5% … Read more

Poor Russians More Aware of Crypto Than the Rich, Poll Finds

A recently conducted survey has produced interesting results regarding how much Russians know about cryptocurrencies. People with lower incomes have been found to have a better idea of digital money than their rich compatriots. At the same time, general awareness of cryptos seems to be falling along with their prices. Also read: Crypto Markets Moods … Read more

Russian Extradition Request Complicates Fate of Suspected Btc-e Owner

A court in Thessaloniki, Greece has accepted an extradition request from Russia for suspected Btc-e operator, Alexander Vinnik. Last month, a French request for Vinnik’s extradition was also accepted by Greece. Also Read: Markets Update: Monster Liquidations and Flash Crash Fear Russian Extradition Request Accepted for Alexander Vinnik Accepted by Greek Court A senior panel of … Read more

Russia Reports 15% Increase in Number of Crypto Mining Companies

The Russian crypto sector is expanding. The number of businesses operating mining facilities has increased this year, more Russians own cryptocurrency. Data confirming these trends has been presented by the country’s crypto and blockchain association, which also warned that delayed embrace of digital financial technology costs Russia a trillion rubles each year. Also read: Swissquote … Read more

PR Specialists in the Russian Crypto Space Paid 10x the Average Salary

Around 70,000 people are currently employed in the young and growing crypto industry in the Russian Federation. The average salary in the space has fallen by 40 percent this year, along with cryptocurrency prices. Nevertheless, the monthly remuneration for certain skills remains very high for Russian standards.   Also read Three Russian Universities Add Crypto … Read more