Russia

Best Exchange To Buy Bitcoin in Russia (Ruble)

Buying and trading cryptocurrency (Bitcoin or Altcoin) can be tricky if you are in Russia. Bitcoin has grown its popularity over time, but every country has its own set of rules and regulations. Russia has been very particular in banning Bitcoin and putting regulations into trading of cryptocurrencies. Although cryptocurrencies were legitimized in 2016, this […]

China’s digital currency plan a game changer

The last decade will be remembered as the era in which virtual currencies became mainstream. No longer just for in-the-know techies, digital cryptocurrencies have not only helped mint a crop of new millionaires and billionaires but have also inspired citizens across the globe to hold virtual currency as an investable asset and dream of a […]

Russia, China, Iran & Venezuela developing crypto to challenge US financial control – study

A new report by the American Foundation for Defense of Democracies (FDD) says the US’ geopolitical adversaries are deploying blockchain technology to help avoid sanctions and counter US financial power. According to the FDD, with the increase of adoption of cryptocurrencies around the world, efforts are underway to build new systems for transferring value that […]

Soldier, chef & crypto ambassador: Hollywood ace Seagal to front new digital currency

Goateed Hollywood hardman Steven Seagal has joined the cryptocurrency revolution after agreeing to become the face of a new digital coin. Seagal, who famously played special forces soldier-turned chef Casey Ryback in both ‘Under Siege’ and ‘Under Siege 2: Dark Territory’, is to become the worldwide brand ambassador for Bitcoiin2Gen, a new cryptocurrency styling itself […]

Russian Prime Minister is for blockchain implementation in country

Gazprom is a Russian gas industry company which produces natural gas from scratch and sells it. Most of the company is owned by the Government of Russia. Recently the company had announced its own blockchain network. Since the government owns most of the company the prime minister of Russia Dmitry Medvedev gave his approval to […]

Why Governments Are Afraid of Bitcoin

Bitcoin claims that “It is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen.” That lack of central authority is the primary reason governments are afraid of the cryptocurrency. To understand this fear, it is important to know a little bit about governments and conventional currencies. […]

Russia’s central bank begins testing of stablecoins READ

The governor of Russia’s central bank, Elvira Nabiullina, revealed that she’s letting companies test stablecoins. The governor who overtime has shown skepticism about crypto and said would violate the financial sovereignty of central banks, said regulations are in place. Alongside testing stablecoins, the Russian reserve bank aims to continue testing and exploring the possibility of […]

China and Russia begin testing cryptocurrency

A lot has happened last week on the crypto market. Here is a summary of the main events: Bank of China announced that it is ready to test the digital yuan, the developer of Ethereum named the date of the next hard fork cryptocurrency, the Bank of Russia has begun tests of their own cryptocurrency, […]

What to Consider When Picking the Best Cryptocurrency Exchanges

Here are a few things you will want to consider before picking the best cryptocurrency exchange suited for your trading and speculative needs. Fees – Almost all exchanges charge fees for you to do business on their platforms. Make sure that when you are signing up or committing yourself to a specific exchange that you […]

South Korea joins race to issue a digital currency

The country joins the likes of Japan, Russia, Iran and China actively exploring a new type of money. South Korea is setting up a task force to research the possibility of launching a state-backed digital currency, reports the Korea Times. The country joins the likes of Japan, Russia, Iran, China, and others actively taking steps […]

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