Russian companies have organized an enhancement course to prepare legal experts for the challenges of working in the cryptocurrency space. The oldest university of economics in the country, two law firms providing services to...
Herman Gref, the former Russian minister of economics and trade and the current CEO of Russia’s largest bank, Sberbank, recently articulated his expectation that cryptocurrency will have a profoundly transformative effect upon society in...
When the indictment of Russian intelligence officers for interfering with the US election broke, the recriminations were swift. Not only had the 12 allegedly hacked the Democratic National Committee, but they’d had the temerity...
A Time investigation into the development of Venezuela’s state-backed cryptocurrency, petro, revealed strong anecdotal and circumstantial evidence connecting Russia to its launch. At least two Russians with ties to Vladimir Putin were present at petro’s unveiling,...
Telegram has lost a court battle against handing its encryption keys to Russian security services. The messaging platform, which forms a pivotal network for the cryptocurrency community, has said it will appeal to the...
The growing acceptance and clear confidence that has generated the creation and use of cryptocurrencies has driven large oil producing nations to get rid of the dollar in the purchase / sale of oil,...
In Tatarstan, a republic of the Russian Federation, the prosecutor’s office has “warned a businessman against violation of the law in connection with his installation of terminals for the exchange of cryptocurrencies.” The cryptocurrency ATMs in...
The Central Bank of Russia has proposed classifying cryptocurrencies including bitcoin as digital goods for tax purposes, according to local publications. The draft proposal is due in one month. The Deputy Governor of the...
In recent months, Russian politicians and banks have been changing their tune when it comes to blockchain technology and cryptocurrency solutions. On February 21 Nikita Smirnov vice president of the state-owned bank Vnesheconombank had...
Russia’s Sberbank and the Federal Antimonopoly Service (FAS) have announced a pilot project to enable document exchange on the blockchain, one of the key technologies behind Bitcoin. The “Digital Ecosystem” project aims to study distributed document storage. This can...
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