Materials by tag Russia
Feb 18, 2020 at 11:37
Russian Central Bank Approves Pilot Blockchain Project
The bank of Russia (CBR) has successfully completed the pilot of a blockchain and distributed ledger technology (DLT) platform for the release and turnover of digital rights. It enables you to digitize (tokenize) goods, services, securities and other valuable assets. Any company or institution will be able to create cryptocurrencies on the site.
Jan 28, 2020 at 12:37
A Conference on “Digital” Issues will be Held Very Soon
A conference on digitalization will be held at the Hilton Moscow Leningradskaya on March 12, 2020. Issues such as state regulation of digital technologies, their impact on business, legal practice, etc. will be considered.
Jan 19, 2020 at 13:55
Russia Gets a Cryptocurrency Enthusiastic Prime Minister
Recently Russians woke up to the news of a new prime minister following a number of events that saw the government resigning. The new PM, who served as the head of Russian tax services Mikhail Mishustin has supported cryptocurrency for quite some time. The prime ministers vowed to transform the modern blockchain powered state for the benefit of Russians.
Russia Admits Cryptocurrency can Be Used for Bribes
The Russian Supreme Court has made it clear that “digital rights,” which is a term used to mean coins and tokens in the country’s law, can be used to facilitate illegal activities such as bribes, in the same way as fiat currency, property and other valuable assets are.
Russia-US War Gets Hotter with Mt. Gox Bitcoin Hacker to be Extradited to France
For over two years now, there has been an ongoing fight between the courts of different countries over the case involving founder of BTC-e Alexander Vinnik from Russia, suspected to have illegally stolen huge sums of Bitcoin (in billions) by Mark Karpeles, the French founder of the collapsed Japanese cryptocurrency exchange Mt. Gox. Now, the case looks to be reaching its end.
Central Bank of Russia to Ban Bitcoin and Cryptocurrency
Last week on Friday, the Central Bank of the Russian Federation made a negative statement against Bitcoin (BTC) and other cryptocurrencies, stating that their fiat currency known as the ruble should be the country’s only legal tender instrument.
Attackers Demand 50 Bitcoin Ransom from Russian Railways
An unidentified message was sent to the Russian Railways intimidating with thrilling violence of bombing stations if a named amount of cryptocurrency in bitcoin worth $642,815 (50 BTC or approx. 30 million rubles) aren’t transferred to them as soon as possible. The event has tempted the country’s police to start the investigation into the matter.
Russia Plans to Use Ethereum-Based DLT System for City Administrative E-Services
The Department of Information Technologies of Moscow (DIT) recently revealed an auction to develop an Ethereum-based distributed ledger tech (DLT) system which can offer administrative electronic services to over 50.2 million residents living in the federal city of Russia, Open Media reports.
US Files Complaint Against Defunct Cryptocurrency Exchange
US prosecutors recently filed an official complaint against presently-nonoperational cryptocurrency exchange BTC-e and alleged cybercriminal Alexander Vinnik, as per a document filed on Thursday last week in California. Alexander also purportedly holds accounts connected with other major illegal activities, such as the hack of another nonoperational exchange Mt. Gox.
