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Blockchain & Cryptocurrency Con 2018 • February 23-24, 2018

The blockchain technology is much more than Bitcoin and mining and trading cryptocurrencies. It can be leveraged in a wide…

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Tag: Russia

Robert Mueller: “Russians May Have Used Cryptocurrency Exchanges to Interfere with U.S. Elections”

Category: Altcoins, Bitcoin, Commentary, News

Robert Mueller: “Russians May Have Used Cryptocurrency Exchanges to Interfere with U.S. Elections”

The U.S Presidential election of 2016 was not without interference from external forces. As such, the Justice Department has claimed to have identified Russian nationals who attempted to disrupt the elections. The Russian Trolls According to Fortune, Russian citizens identified in a Justice Department citation released on February 16, 2018, employed cryptocurrency exchanges as part of an alleged game plan…

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Bitcoin Fever: Russian Nuclear Scientists Arraigned for Mining with “War Computer”

Category: Bitcoin, Mining, News, Tech

Bitcoin Fever: Russian Nuclear Scientists Arraigned for Mining with “War Computer”

Security authorities have arrested nuclear scientists working at a top secret Russian warhead center for trying to mine cryptocurrencies using supercomputers meant for war purposes. Misappropriated Mining Attempt Nuclear scientists’ turned-suspects attempted to use one of Russia’s most sophisticated supercomputers to mine bitcoins, according to the BBC. The Federal Nuclear Center is located in Sarov, Russia and is restricted from…

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Russian State Bank to Open Crypto Exchange For Institutional Investors in Europe

Category: Commentary, News, Regulation

Russian State Bank to Open Crypto Exchange For Institutional Investors in Europe

Reports have emerged from Russia that Sberbank, the country’s largest state bank is planning to open a European cryptocurrency exchange platform. Decision to Move According to a report by Russian local media house RBC, the exchange platform will be domiciled at the Sberbank Switzerland AG, the bank’s Swiss branch. In a statement to RBC, the Head of Global Markets at…

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Russian Finance Ministry Submits Draft Law for Stricter ICO Regulations

Category: News, Regulation

Russian Finance Ministry Submits Draft Law for Stricter ICO Regulations

On January 25, 2018, the Russian Ministry of Finance drafted a federal law associated with the legal status of Initial Coin offerings (ICOs) and Digital Assets. The legislation is important for the crypto space as it elucidates the requirements surrounding the launch and participation in ICOs. In December 2017, the State Duma committee signaled its plan to submit the law…

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Russia to Allow Cryptocurrencies Trading on Stock and Commodity Exchanges

Category: Blockchain, Commentary, News, Regulation

Russia to Allow Cryptocurrencies Trading on Stock and Commodity Exchanges

  Russia has signaled that it may soon allow cryptocurrency trading over its stock and commodities exchanges. Anatoly Aksakov, who currently serves as the head of the State Duma’s Financial Market Committee, made these remarks on January 22, 2018. He indicated that the Russian Federation’s Central Bank may allow for the trading of cryptocurrency over the Moscow Stock Exchange. Two…

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Kazan 2018: The Center of the ICO Universe

Category: Business, Press Releases

Kazan 2018: The Center of the ICO Universe

Initial Coin Offerings and token distribution events have gained impressive popularity around the world due to fundraising simplicity and excitement around blockchain and cryptocurrencies. ICO SUMMIT KAZAN will be held on April 9 to 11, 2018 in Innopolis (Kazan, Russia) and will provide an excellent venue to showcase the best ongoing ICOs, listen to the best speakers, gain new knowledge,…

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Russia’s Biggest Lender Opens Blockchain Lab

Category: Blockchain, News, Tech

Russia’s Biggest Lender Opens Blockchain Lab

Sberbank, a state-owned Russian bank, has opened up about an initiative for starting a blockchain laboratory. The lab aims to provide a platform to pilot test blockchain endorsed business solutions for the Russian financial group. Blockchain technology to transform banking industry The biggest lender in Russia is already developing 20 blockchain based pilot projects, including a joint venture with Severstal…

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Power Stations Being Purchased in Russia by Private Investors for Cryptocurrency Mining

Category: Bitcoin, Business, Finance, Mining, News, Regulation, Tech

Power Stations Being Purchased in Russia by Private Investors for Cryptocurrency Mining

The process of mining cryptocurrencies takes a lot of energy for the high-powered computers to complete the algorithms associated with approving transactions through the blockchain. Moving Public Crypto Mining, Private These expenses are why there have been two electric power stations sold in Russia to private investors for the process of mining cryptocurrency. Both of these plants are located in…

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Vladimir Putin: It is Imperative to Regulate Bitcoin and Other Cryptocurrencies

Category: Altcoins, Bitcoin, Commentary, News, Regulation

Vladimir Putin: It is Imperative to Regulate Bitcoin and Other Cryptocurrencies

Russian President Vladimir Putin has declared his intentions to enact laws that will comprehensively regulate the cryptocurrency markets very soon. Crypto Legislation on the Cards The no-nonsense Russian president Vladimir Putin has made it clear that his regime is not ready for half-baked crypto regulations going forward. Putin is of the opinion that the complete management of the Bitcoin and…

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Russia Considers Global Approaches Before Drafting Crypto Mining Bill

Category: Commentary, Finance, Mining, News, Regulation, Tech

Russia Considers Global Approaches Before Drafting Crypto Mining Bill

The Russian government has taken a markedly open-minded approach to cryptocurrency mining after examining existing methods and regulations from around the world before imposing the country’s own. International Mining Summit Boris Chernyshov, the State Duma Committee for Education and Science’s deputy chairman, has confirmed that Russia’s government will host a summit for cryptocurrency miners hailing from 15 different countries. At…

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