Tag: Bitcoin in Russia

February 29, 2016 BY Maria Nikolova

Bank of Russia softens stance on crypto currency tech

It is a rare occurrence that the Bank of Russia publishes a press release on Sunday. But yesterday it did and the press release concerned financial market innovation and blockchain, in particular. The “Megaregulator” press release was published just a couple of days after it became clear that a bill penalizing Bitcoin use is drafted by…

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December 10, 2015 BY Maria Nikolova

Russia's Sberbank willing to join R3 consortium and develop blockchain tech

Russian financial companies are increasingly looking at exploring and tapping the possibilities of blockchain technology. After payment services provider Qiwi PLC (NASDAQ:QIWI) voiced its plans to launch its own crypto currency using blockchain, Sberbank Rossii PAO (MCX:SBER) has voiced its willingness to develop blockchain-based products and use them in its services. Lev A. Khasis, First Deputy…

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