Russian entrepreneurs registered bitcoin, Fang, Fang vodka ether ether

Russian entrepreneurs registered bitcoin, Fang, Fang vodka ether ether Russian local entrepreneur Dmitri Trijski (DmitryTroitsky) plans to create a named some of the popular encryption currency vodka series. Troitsky has applied for a patent and trademark, in order to develop three different vodka brand, called “bitcoin, Fang Fang classic Ethernet and ethernet”. Bitcoin, Fang Fang … Continue reading “Russian entrepreneurs registered bitcoin, Fang, Fang vodka ether ether”

Vietnam will put bitcoin legalized?

Vietnam will put bitcoin legalized? Vietnam and bitcoin is very unstable. Just a few months ago, Vietnam was also a focus on bitcoin Ponzi scheme to get confused in mind. Scam promise is not fulfilled, a lot of loss of money can only learn from the vietnamese. Since bitcoin appeared for the first time in … Continue reading “Vietnam will put bitcoin legalized?”

Russia postponed indefinitely on bitcoin draft

Russia postponed indefinitely on bitcoin draft      Russian Federation deputy finance minister AlexeiMoiseev said recently, bitcoin in Russia should not spread as a threat to their own financial ecosystem existence. Therefore, no plan of electronic money development should stop encryption. AlexeiMoiseev, Russia’s deputy finance minister has banned bitcoin in Russia in 2014, but now … Continue reading “Russia postponed indefinitely on bitcoin draft”

The Russian Ministry of Communications and Mass Communications drafts ICO-related bills

nRunaway Comment: The Russian Ministry of Communications and Mass Communications has drafted a bill on ICOs aimed at certifying ICO issuers in the hope of giving full control over such sales of cryptocurrencies. Under the Act, successful accredited organizations will have to comply with a number of rules, such as having a registered capital of … Continue reading “The Russian Ministry of Communications and Mass Communications drafts ICO-related bills”

Russia drafts a bill to set up an offshore company to trade cryptocurrencies

nBankruptcy comment: According to Russian media reports, the Russian Ministry of Finance recently proposed to draft a bill to allow offshore companies to set up trading cryptocurrencies. According to TASS, the Ministry of Finance is considering the creation of a cryptocurrency exchange on the Russian island and the Oktyabrsky islands. However, it seems that the … Continue reading “Russia drafts a bill to set up an offshore company to trade cryptocurrencies”

Russia urges the other four nations to formulate a common cryptocurrency policy

nRunaway Comment: In order to speed up the digitization process in the region and improve the competitiveness of the digital economy, the leaders of the Eurasian Economic Union fully participated in the “digital agendas in the globalization era” for extensive discussions. Russian Prime Minister Medvedev called for the establishment of a common principle of currency … Continue reading “Russia urges the other four nations to formulate a common cryptocurrency policy”

The Russian Federal Savings Bank will take steps to circumvent the country’s cryptocurrency regulation

nRunaway Comment: Russia’s legislation on cryptocurrency is now making new progress, and a related bill appears to be coming out in September. By then, Russia may ban the trading of cryptocurrencies in its territory. But some financial entities do not want to disappoint their clients who are interested in cryptocurrencies, so they start looking for … Continue reading “The Russian Federal Savings Bank will take steps to circumvent the country’s cryptocurrency regulation”

Russia plans to oversee cryptocurrencies

nRally Commentary: Russia proposes a new regulation aimed at regulating and controlling the production of cryptocurrencies and digital assets in the financial sector, identifying regulatory requirements for cryptocurrencies, ICOs, mining and trading, helping curb illegal activities and enabling robust cryptography Monetary tax system. The MOF believes that proper supervision will help the company successfully sell … Continue reading “Russia plans to oversee cryptocurrencies”

Russia has developed a system for screening identities of cryptocurrencies, but considering tax cuts

nRunaway Comment: Russia’s Ministry of Communications and Mass Communications plans to develop a cryptocurrency miners identification system that uses network traffic and power consumption to identify miners. In this regard, the Department of Energy said that technical feasibility does not mean that the economy is feasible, so there may only be industry-scale large nodes. While … Continue reading “Russia has developed a system for screening identities of cryptocurrencies, but considering tax cuts”

Russia’s Ministry of Finance Drafted ICO Regulation Act

nRunaway Comment: Although Russia’s attitude towards cryptocurrencies is still not clear enough, progress has been made in the relevant legislative work in the area. At present, Russia’s Ministry of Finance has released a draft law aiming to standardize the investors’ participation in token sales and clearly set forth the requirements for such activities. As the … Continue reading “Russia’s Ministry of Finance Drafted ICO Regulation Act”

Putin considered issuing a “junk ruble” as a way of avoiding Western sanctions

nStorming comment: Russian President Vladimir Putin reportedly has appointed Russian officials to develop the country’s cryptocurrency, the “crypto ruble.” However, it is unclear whether the encrypted currency will be issued by the Russian Central Bank. However, Putin’s economic adviser Sergei Glazev also said at a government meeting that encrypted currency will become a useful tool … Continue reading “Putin considered issuing a “junk ruble” as a way of avoiding Western sanctions”

Russia’s disclosure of the proposed regulatory bill will set limits on ICOs and investors

nWalkout commentary: The Russian government for cryptocurrency and ICO regulatory act to make a new progress. According to Russia’s deputy finance minister disclosed that the proposed bill clearly provides ICO’s local financing cap and ordinary users investment cap. Although some people put forward other proposals on the setting of quotas, on the whole, the attitude … Continue reading “Russia’s disclosure of the proposed regulatory bill will set limits on ICOs and investors”

Russia’s legislature will begin next week to review the draft law on cryptocurrencies

nRunaway Comment: Russia’s legislation on cryptocurrencies and blockchain is about to enter the next phase, and its national legislature will discuss and review the draft law starting next week. Although the progress of the work was slower than expected, similar news suggests that it has indeed been pushed forward. It is reported that the bill … Continue reading “Russia’s legislature will begin next week to review the draft law on cryptocurrencies”

Russia implements the first government blockchain project

nRunaway Comment: Sberbank, the largest bank in Russia, has partnered with the government to transfer and save documents using the blockchain. Become the world’s first real case blockchain, making the country a global leader in technology implementation. It shows that the Russian government implements the consistent positive attitude of the blockchain to the end while … Continue reading “Russia implements the first government blockchain project”

Bitferry, a Russian company, plans to build the largest mining site in Europe

nThe runaway commentary: Although the Russian government is about to impose restrictions on Bitcoin transactions, but its local authorities seem to have not been much affected, has announced its intention to attract European mining companies and investors in the hope of using local cheap electricity and advanced infrastructure Develop cryptocurrency tourism. A Russian company called … Continue reading “Bitferry, a Russian company, plans to build the largest mining site in Europe”

Russian presidential advisor suggested using cryptocurrency to avoid economic sanctions

nRunaway Comment: Although Russia has indicated that it is enacting a bill that will greatly limit the participation of ordinary citizens in encrypted currency transactions, it seems that the government is very much interested in the role of this new thing. Recently, a consultant to Russian President Vladimir Putin on publicly advising the use of … Continue reading “Russian presidential advisor suggested using cryptocurrency to avoid economic sanctions”

Russian Deputy Finance Minister: Bitcoin will be legal and mining needs to be regulated

nBankruptcy comment: Russia’s deputy finance minister recently publicly told the media that it would provide clear guidance on Russia’s cryptocurrencies, such as legalizing the sale of cryptocurrencies and regulating mining practices. And Russia’s finance minister said the related regulatory bill will be ready by the end of 2018. While all of these arguments sound very … Continue reading “Russian Deputy Finance Minister: Bitcoin will be legal and mining needs to be regulated”

Russia’s largest bank piloted fund transfers on the IBM blockchain

nBankruptcy comment: Recently, the Sberbank completed the pilot operation of the first blockchain payment transaction in the Russian banking industry. The bank real-time funds transfer through IBM’s blockchain built on Hyperledger Fabric, a blockchain software. Along with the announcement, the bank also listed a number of participating partners involved in pilot payment transactions, suggesting that … Continue reading “Russia’s largest bank piloted fund transfers on the IBM blockchain”

Russian presidential candidate: “We will legalize the implementation of bitcoin and other cryptocurrencies”

nRunaway Comment: Russian presidential candidate Boris Titov, a longtime supporter of bitcoin, said that once elected, the legalization of bitcoin and other cryptocurrencies will be pushed forward. And in the government trying to encrypt money, he believes countries do not need to issue cryptocurrencies, but instead need to exercise their advantages while regulating them appropriately. … Continue reading “Russian presidential candidate: “We will legalize the implementation of bitcoin and other cryptocurrencies””

Russia strengthens cryptocurrency regulation

nRunaway commentary: Although the Russian Ministry of Finance has considered allowing cryptographer miner to register, you can lawfully carry out mining. However, recent press reports suggest that Russia appears to plan a total ban on mining activities, but buying cryptocurrencies is still legal. However, with the rapid development of technology and the dynamic market for … Continue reading “Russia strengthens cryptocurrency regulation”