Materials by tag Russia

Local farmers and small-scale businessmen from the town of Kolionivo have decided to create their own digital currency called Kolion. The initiative was spawned by mistrust in the country’s paper ruble that has been losing its position on the world’s financial market, CNN reports.

Fedor Bondarchuk, a famous Russian producer and director, will create the first blockchain-based platform in partnership with country’s top businessmen to finance film production.

National Settlement Depository (NSD) and Sberbank CIB will trial a new regulatory platform that is set to make local initial coin offerings (ICOs) safer and easier to use for potential cryptocurrency traders, Sberbank reports. Designed by Russia’s Central Bank, the fintech project is powered by blockchain technology.

Sberbank CIB in a partnership with National Settlement Depository (NSD) has announced their intention to set up an Initial Coin Offering (ICO) in the Bank of Russia’s regulatory sandbox. The issuer of the digital currency will be Level One, that operates the largest lecture hall on Moscow’s financial market.

Coin Idol TV News channel digest on May 10 features the following topics from the world of Blockchain and cryptocurrency: Thailand’s stock exchange launched platform with blockchain tech to boost the economy, a Russian court has recognized blockchain-based bitcoin as valuable property, owner of New York Stock Exchange would allow potential investors to trade bitcoin.

A Moscow court has set a precedent, obliging debtor Ilya Tsarkov to give the financial manager access to his cryptocurrency wallet in order to restore the bankruptcy estate, local news outlet Vedomosti reported. Thus, the court indirectly recognized the digital currency as property and recognized its value.

A few months ago the bill on regulation of the decentralized property meaning creation of own digital currency has drafted in Russia. While the Central Bank of Russian Federation progresses in realization of the idea to create a national cryptocurrency, the CryptoBank development team has made this idea a reality.

Welcome to Coin Idol TV News channel. Today we are featuring the most interesting news or the cryptocurrency world. The burning topics are: Central Bank of Iran bans cryptocurrency dealings, bitcoin price finally hits $9,000, Russia to put more regulations on cryptocurrency market, namely ICOs, Amazon to enter the world’s cryptocurrency market by implementing blockchain.

Welcome back to the Coin Idol TV News channel. The digest on April 17 features the following topics from the world of Blockchain and cryptocurrency: Millions of funds in Coinsecure cryptocurrency stolen, CSO blamed, Russian Financial Institution enters R3 Blockchain Consortium, Mastercard to apply blockchain tech to fighting fake identities, Samsung is planning to implement blockchain technology for logistics purposes.