If Russia ends its ‘Love-Hate’ of cryptos, can it be the ‘King of Blockchain’? LeapRate

July 17, 2019 BY Valentina Kirilova

If Russia ends its ‘Love-Hate’ of cryptos, can it be the ‘King of Blockchain’?

As Russian government officials continue to debate the efficacy of cryptocurrencies and blockchain technology, industry observers are curious as to why there has not been a major push to lead in this arena. Observers have noted that Russia is definitely a “global powerhouse for development talent and business acumen in the blockchain space”, but, unlike…

July 01, 2019 BY Valentina Kirilova

Daily Market News: OPEC no more?

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for July 1, 2019. The text below is an excerpt and does not contain the full analysis. Hi Everyone, Financial markets are in a good mood today after the leaders of China and the United States…

June 26, 2019 BY Valentina Kirilova

Interactive Brokers Group receives trading access to Moscow Exchange

Moscow Exchange (MOEX) announced that it has expanded trading access to Russian stocks with the global electronic broker Interactive Brokers Group (IEX: IBKR). Interactive Brokers now has trading access to MOEX via AO Raiffeisenbank, which holds a Russian broker licence. The ability to trade directly on MOEX outside of Russia but through a local broker…

June 20, 2019 BY Valentina Kirilova

Daily Market News: Russia getting closer to crypto regulation

Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for June 20, 2019. The text below is an excerpt and does not contain the full analysis. Of course the stock market rose while Jerome Powell delivered his speech yesterday. A big part of his job…

Bitcoin comparisons to Gold are back, as both assets beat down equities

May 29, 2019 BY Valentina Kirilova

Russia continues to confound – Gold-backed cryptocurrency in the works?

Russia continues to be all over the map when it comes to committing to a single crypto path for the future. Reports from so-called insiders have suggested that the government had been moving towards a central bank controlled digital currency, which Vladimir Putin supposedly approved as a way to settle with Iran and avoid sanctions,…

Venezuela in financial and political turmoil, but approves crypto legislation

May 23, 2019 BY Mariela Naydenova

Are Russia and Venezuela starting a bilateral trade with the Petro?

An interesting phenomenon is taking place on the global financial markets. The measures taken by the Trump Administration to tighten up global trade and “restore” the powerful place of the US as a number one economic power are seriously affecting the global political and economic powers. The most recent talks on how to neutralize the…

April 05, 2019 BY Valentina Kirilova

BSE and India INX sign MoU with Moscow Exchange

India’s premier exchange, BSE, has announced that alongside The India International Exchange (IFSC) Limited (India INX) has signed a memorandum of understanding (MoU) with Moscow Exchange (MOEX). The agreement aims to connect the investors’ community and companies both in India and Russia. BSE and India INX are the first Indian Exchanges to enter into the…

March 28, 2019 BY Mariela Naydenova

Tokenizing Palladium - the next step for Russia's richest man

Russia is supposedly one of the crypto-embracing countries, ever since Putin announced he is on "board" with the whole cryptocurrency idea. The fact is that he put specific deadlines for the government to come up with specific ideas on the regulation of cryptocurrencies. The set deadline is July 1st, 2019. The regulation needs to be…

March 14, 2019 BY Valentina Kirilova

South Korea and Russia moving to block unknown users of cryptos

If there is one thing that troubles regulators and law enforcement officials the world over about cryptocurrencies, it is the fact that the criminal element in our society is given free rein to gallop about the blockchain of its choice, knowing full well that the anonymity of the technology will disguise its every move. A…

January 23, 2019 BY Valentina Kirilova

Russia’s love-hate relationship with cryptocurrencies takes another turn

Bitcoin zealots and enthusiasts were jumping for joy last week when a Russian economist, a Professor Ginko, who works closely with the government, announced that Russia would soon be buying bitcoin. Before the professor could take a breath, the news went viral. He also noted that purchases could occur as soon as February of this…

Tag: russia