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Venezuela’s Petro Crypto Awarded the Satoshi Nakamoto Prize

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Controversial may be the best word to describe Venezuela’s national cryptocurrency’s journey so far. The Petro was launched in late February by the South American country, and according to its whitepaper, every Petro token represents a barrel of crude oil in the oil-rich nation. The Petro has now received the Satoshi Nakamoto Prize in recognition of … Read more

Crypto Conference for Women to Be Held in Moscow

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A conference dedicated to raising awareness among women about cryptocurrencies is scheduled to take place in the Russian capital this month. The speakers at the event, also women, will share practical information on cryptos, blockchain technologies, and investment opportunities. The event will be live-streamed in 74 countries. Also read: Cryptocurrency Is the Main Income for … Read more

Chinese Merchants in Moscow Convert Most of Their Cash to Crypto

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Chinese traders in Moscow’s huge wholesale bazaars have become the most active buyers and sellers of cryptocurrency in the Russian capital. The retail turnover there is estimated at almost $10 billion a month. Authorities say that most of it is converted to cryptocurrencies and sent back to China where it‘s exchanged to yuan.    Also … Read more

Greedy Facebook Versus Ideological Telegram: Why Principles Matter

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Something happened this week that rarely occurs, history offered up a side-by-side comparison with a control. Heads of respective social network and messaging platforms Facebook and Telegram were each brought before their home governments, the United States for Mark Zuckerberg, Russia for Pavel Durov. How the two men responded is telling, and should inform everyone … Read more

Russian Court Bans Telegram, CEO Pavel Durov Defiant

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Russian security services ordered Telegram to hand over access to encrypted user messages, but the messaging application (app) refused. Founder Pavel Durov didn’t bother to send lawyers to Moscow’s Tagansky court, and the court dutifully ruled against his company, taking less than 20 minutes in decreeing an immediate ban. Also read: CBS’s NCIS Los Angeles Weaves … Read more

These Countries Won’t Tax Your Bitcoins Too Much

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A growing number of governments can’t resists the temptation to get their hands on some of the bitcoins their citizens are making. Several states, however, think that leaving some breathing space for crypto users and entrepreneurs is a better idea in the long run. Crypto-friendly tax regimes can still be found around the world. Also … Read more

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