Materials by tag Russia
Feb 10, 2019 at 15:41
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.
Jan 24, 2019 at 10:03
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.
Dec 30, 2018 at 12:39
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.
ChainPoint 18 International Blockchain Conference was successfully launched on November 14-15 in Yerevan.
ICO Services to be Offered on the Russian Financial Market, Sberbank Ensures
Sberbank and Russia’s National Settlement Depository (NSD) have partnered to conduct a test on initial coin offerings (ICO) within the regulatory sandbox. As a result, they expressed an intention to find a way for token sales implementation and other services related to the fintech.
Russian Draft Bill Lacks Essence Of Digital Currency Terms After Latest Edits
Russian deputies have removed the definition of cryptocurrency mining from a draft bill on crypto regulation prior to its next reading in the State Duma, however, the new law won't resolve tax concerns for miners.
