Qiwi, the Russian e-payment provider is launching a cryptocurrency investment bank. The name of the bank will be HASH, as reported by Kommersant on June 29th. The bank will be founded by Qiwi Blockchain Technologies, which is a subsidiary of Qiwi. Qiwi is the leading provider of payment services in Russia and the CIS. The…
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Russia: Russia is moving forward with cryptocurrencies and their “legalization”. According to press, digital currencies in Russia will be categorized as “digital rights”. The new term will serve as differentiation to terms like “digital money” and “digital currency”. The whole change in name will be made mainly for tax purposes, as explained by Anatoly Aksakov,…
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The largest state bank in Russia, Sberbank, has taken serious steps into introducing a cryptocurrency exchange in Europe through its Swiss branch, Sberbank Switzerland AG, local media group RBC said on Tuesday Jan. 30. The reason for the bank's choice to open the exchange in Switzerland is the fact that right now, cryptocurrency transactions and operations…
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Russia has been one of the countries with the most controversial views on cryptocurrencies. The government announced in mid-2017 that the country had blocked Russians from accessing any cryptocurrency exchanges. Vladimir Putin has, however, said numerous times that he is looking into cryptocurrency opportunities. In addition, several educational reforms in leading Russian universities have been…
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The well established Russian agricultural company, Khokholskaya, decided to turn to digital currencies and an ICO to boost production. The upgrade will be used for the funding of a dairy farm. The company is going to release the MilkCoin. Since the demand in Russia is significantly high for dairy products and agriculture, there is a huge…
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The president of Russia, Vladimir Putin, is currently calling for stricter cryptocurrency regulations, as he shared his beliefs about the danger and risks that digital currencies may pose to the world, according to International Business Times. Putin, during a meeting in Sochi on October 10th, said: "Cryptocurrencies are issued by an unlimited number of anonymous…
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Often taunted as one of the most "stern" countries in the world, Russia is now entering the cryptocurrency boom by introducing educational system that will be all about digital currencies. In September this year, the Finance Minister announced that Russia is now legitimizing cryptocurrencies, as reported by AtoZ Forex. Naturally, the first step to integrating…
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National Settlement Depository (NSD), Russia’s central securities depository has today announced its developed a partnership with iCoinSoft Exchange Platform, an engine for a digital asset exchange by icoinsoft.com as part of the HSE{Pro}Fintech program of the Higher School of Economics’ Business Incubator. The project implements an idea of the technological infrastructure which increases the efficiency and convenience…
Read moreThe DataSpace1 data center will become the focal point of data processing for the MOEX trading and clearing platforms on 7 November 2016. The M1 data center currently the MOEX primary DC, will operate as a disaster recovery site. DataSpace1 is the first commercial data centre in Russia and continental Europe to have successfully completed…
Read moreAs many as 1,200,395 people voted at the final stage of the competition to select symbols for the Russian Federation's new banknotes. The group of frontrunners is made up of six cities, where number one overtakes number six with a mere margin of eleven thousand votes. The leaders in the vote tend to change rapidly.…
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