Materials by tag Russia
Apr 14, 2019 at 10:27
Russia has Offered to Ban Bitcoin in Every Country
The State Duma, the lower house of the Federal Assembly of Russia is a very powerful institution, with the right to approve bills and laws. One of its members has claimed that bitcoin must be prohibited all over the world.
Apr 03, 2019 at 09:19
VK Plans to Provide Crypto Services to its 97 Million Users
Russia’s version of Facebook, VKontakte (VK), is considering making its own cryptocurrency. Currently, the project is underway, though the final conclusion has not yet been reached. VK claims it has got more than 97 million lively monthly users.
Mar 16, 2019 at 16:46
Central Bank of Russia Plans on Limiting Cryptocurrency Trading
Russia’s Central Bank plans to put a yearly limit on so-called “unqualified investors” who are willing and able to buy cryptocurrency, as reported by RBC – a local business news outlet. The bank wants to impose new regulations on digital currency.
Visa will Give Russians the Opportunity to Cash out Money Right in Shops
The leading financial services corporation Visa ordered Russian banks to provide an opportunity to withdraw cash at store cash desks using cards by April. Russian Standard Bank, Raiffeisenbank, and Promsvyazbank will become the first banking institutions to join the initiative.
Russia to Release a Draft Law Allowing Entities to Use Crypto for any Transaction
To find a way to outplay sanctions and enhance adoption of digital currency, Russia’s authorities are considering a new draft law which will allow certain businesses and entities to perform payments with the help of cryptos such as Bitcoin and Ethereum.
Central Bank of Russia Supports Efforts to Block Crypto Websites
The deputy governor of the central bank of Russia, Sergei Shvetsov, revealed that his financial institution will underprop endeavours to block and stop access to external websites trading cryptoassets in Russia.
Russia Plans to Introduce Regulations Putting Limits on ICO Investments
A new bill regulating investments in initial coin offering (ICO) projects will take force soon. Government officials have released a draft law stating that average Russians will be allowed to invest in ICO no more than $9,000 per year.
Russia: Sberbank Uses Blockchain to Make 3-Way Repo Deal
Sberbank, a state-owned bank, has sealed a repurchase agreement, or repo, with the help of blockchain on Thursday 6, 2018. Now, the combination of DLT and smart contract sets financial contracts very diaphanous and seems to tighten the security for both the financial institution and the customers.
Blockchain Conference Moscow: Results of Russian Major Crypto Event
On November 20, the heart of the Russian Federation held the eighth Blockchain Conference. Its organizer is the Smile-Expo international company.
