Jun 10, 2018 at 09:43
A Small Village in Russia has Successfully Adopted Its own Cryptocurrency
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.
May 31, 2018 at 15:25
Russia Is Ready to Test a New ICO Platform Developed by Central Bank
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 Attempts to Launch Russia’s First Initial Coin Offering
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.
A Russian Court Has Recognized Blockchain-Based Bitcoin as Valuable Property
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.
CryptoBank Gets Ahead of Bank of Russia and Creates Cryptoruble
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.
Video Digest, April 25: Central Bank of Iran Bans Cryptocurrency Dealings, Bitcoin Price Finally Hits $9,000, Russia to Put More Regulations on Cryptocurrency Market, Amazon to Enter the World’s Cryptocurrency Market
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.