The Daily: Cars and Pizzas for Crypto in Russia, Crypto Valley in South Korea

The Daily: Cars and Pizzas for Crypto in Russia, Crypto Valley in South KoreaThe wide adoption of cryptocurrencies in Russia has been put on hold after the State Duma postponed the final reading of three crypto bills for its fall session. Nevertheless, Russian companies are already planning to introduce crypto payments as soon as the regulations are in place. Among them, a major car dealer and an international […]

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Russian Extradition Request Complicates Fate of Suspected Btc-e Owner

Russian Extradition Request Complicates Fate of Suspected Btc-e OwnerA 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 […]

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Russia Reports 15% Increase in Number of Crypto Mining Companies

Russia Reports 15% Increase in Number of Crypto Mining CompaniesThe 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 […]

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Russian Shipwreck and ‘Treasure’ Linked to Crypto Exchange

Russian Shipwreck and 'Treasure' Linked to Crypto ExchangeA South Korean firm claimed to have found the wreck of a Russian warship sunk in 1905 with $130 billion worth of gold on board. The cruiser and its treasure are linked to a crypto exchange and token which the firm reportedly promised to distribute to anyone signing up with the exchange. As the country’s […]

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

PR Specialists in the Russian Crypto Space Paid 10x the Average SalaryAround 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 […]

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Russia Now Has a Registry of Whitelisted Crypto Companies

Russia Now Has a Registry of Whitelisted Crypto CompaniesThe Russian Association of Cryptocurrencies and Blockchain has created a registry of whitelisted companies that offer crypto-related products or services. Meanwhile, the bill to regulate cryptocurrencies in Russia has been delayed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Whitelist of Crypto Firms The Russian Association of Cryptocurrencies and Blockchain (RACIB) has created a […]

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Three Russian Universities Add Crypto Courses and Diplomas

Three Russian Universities Add Crypto Courses and DiplomasMore academic institutions in Russia are starting educational courses and even postgraduate programs in crypto and blockchain technologies. Three universities will be teaching related subjects like cryptography and digital economy during the new academic year beginning in September. Some of the courses will be conducted in English and with guest lecturers from Europe, India, and […]

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Bitcoin in Brief Tuesday: Crypto Bets, Viruses, Messages, All Because of Football

Bitcoin in Brief Tuesday: Crypto Bets, Viruses, Messages, All Because of FootballThe world loves football (or soccer) and crypto companies won’t let the craze expire without tapping into it. Fans can now make predictions and place bets on a blockchain-based platform with a prize fund in cryptocurrency. Unfortunately, not only legitimate businesses, but also scammers have been trying to take advantage of the emotions surrounding the […]

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Strong Demand for Crypto Experts on the Russian Labor Market

Strong Demand for Crypto Experts on the Russian Labor MarketStatistics from leading job search platforms indicate that the demand for cryptocurrency and blockchain specialists in Russia remains strong. Most employers offering these vacancies are either IT companies or banks. The competition for crypto expertise is getting tougher, as the country is preparing to finally regulate the fintech sector.   Also read: Crypto Incomes Declared […]

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Crypto Incomes Declared on Tax Returns in Russia

Crypto Incomes Declared on Tax Returns in RussiaTaxpayers in Russia have started declaring incomes and profits from crypto transactions even before cryptocurrencies are legalized in the country, results from this year’s tax campaign show. The Finance Ministry has again clarified the applicable tax rules, while the State Duma is still fine-tuning the upcoming regulations. Also read: Russian Railways Eyes Crypto for Tickets, […]

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