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Russia has always had a rather interesting relationship with cryptocurrency. The government seems to be divided into two camps when it comes to this new form of money. While officials there are making up their minds, it seems various Russian farmers actively engage in “mining” cryptocurrency at this stage. It’s a peculiar development which further … Read more
Swiss voters will decide this Sunday whether to turn back on fractional-reserve banking and support a “sovereign money” concept for the nation’s finances. Proponents of the initiative prescribe deeper centralization to remedy the shortcomings of the traditional financial system – a vision quite different from the decentralization that came with cryptocurrencies like bitcoin, following the … Read more
The Moscow Exchange is looking to create infrastructure for companies to conduct ICOs and publish information about certain tokens Go to Source Powered by WPeMatico
Cryptocurrency has its place in the world and Russia should carefully consider when and how to take part in the process of its development, Vladimir Putin said in his annual Q&A session with Russian citizens. The president noted that “by definition” neither Russia, nor any other country could have a national cryptocurrency. Putin also mentioned the … Read more
A new Russian credit agency rating report into the usability of cryptocurrency finds that it is not currently viable as a means of payment, but it could gain popularity in the event of more international sanctions Go to Source Powered by WPeMatico
A study has found that despite their volatility, cryptocurrencies do not endanger the financial system and the economy of Russia, as the risks are offset by the highly concentrated ownership of digital assets. Crypto fluctuations are not believed to affect consumption either. Russian residents have controlled cryptocurrency worth between $7.5 and $14 billion in the … Read more
Russia’s President Vladimir Putin argues neither Russia nor “any other country” can have its own cryptocurrency “by definition” during his annual live Q&A session today Go to Source Powered by WPeMatico
The addition of “биткоин” (bitcoin) to the Russian spelling dictionary is “well grounded,” according to an important official from the Institute of Russian Language – another recognition of the cryptocurrency. Transliterating English words into a Slavic language written in Cyrillic, however, is not always a straightforward process. Two spelling forms have gained popularity in Russia, … Read more
A Russian court has overturned a previous court decision to block a bitcoin-related website because it contains information about cryptocurrencies. The Supreme Court ordered the city court to hear the appeal. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Russian Court Overturned Previous Decision The St. Petersburg City Court has overturned the ruling of … Read more
Mikhail Shlyapnikov, cancer survivor turned quaint Russian farmer and cryptocurrency revolutionary, is well known within the ecosystem. He’s about as eccentric as imagined, defiantly taking on his government through the issuance of a proprietary, local money. It was a way to get out from under gouging state-backed banks. Close to half a decade later, and … Read more
