Tag Archives for " Russia "

Centralized Cryptoruble Not Possible, Minister Tells Putin

Blockchain The Russian Ministry of Finance is not against a national cryptocurrency, provided the state does not participate in it. The creation of a centralized coin, like the cryptoruble, seems impossible, as cryptocurrencies are based on decentralized ledgers, Finance Minister Anton Siluanov told President Putin, according to Russian media.   Also read: Russian Authorities Criticized […]

Continue reading

Rural Russia Prepares to Attract Crypto Loans

Finance A proposal was presented at the Russian Expert Council for Non-Bank Credit Organizations to allow rural businesses in the country to receive crypto loans to attract funds from abroad. The chairman of the council, a State Duma member, is asking rural credit cooperatives to study and educate rural residents on cryptocurrency. Also read: Indians Look […]

Continue reading

Two Russian Regions to Develop Large Scale Crypto Mining

Mining The governors of two Russian regions have indicated their readiness to accommodate large crypto mining facilities. Two of the westernmost subjects of the Federation – Kaliningrad and Leningrad – are willing to welcome miners and want to get involved in “bitcoin production”. Local authorities have expressed intentions to take mining out of garages and […]

Continue reading

Five Siberian Power Plants Attracting Crypto Miners With Surplus Electricity

Mining Cryptocurrency miners will soon be able to benefit from surplus electricity and the cold climate at five power plants located in Siberia. Russian energy company En+, which owns those power plants, is already in talks with investors to build crypto mining farms near them. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 […]

Continue reading

PR: Buying ALT Tokens from Altair VR Offers Special Advantages

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Since last year, the volume of content sales in the […]

Continue reading

Russia Drafts Bill to Accredit ICO Issuers – Public Comments Wanted

Regulation The Russian government is drafting a bill to introduce the accreditation of initial coin offering issuers. Accredited organizations must comply with a set of rules, including having 100 million rubles capital, and are subject to inspections every three years. The regulators are currently accepting public comments on the proposal. Also read: Japan’s DMM Bitcoin Exchange […]

Continue reading

Russian Nuclear Engineers Arrested for Mining Cryptocurrencies

Mining Russian nuclear scientists working at a top-secret nuclear center have been arrested for allegedly using the center’s computer facilities for the purpose of mining cryptocurrencies. Also Read: Russia’s Largest Bank Caught Employees Mining For Crypto   Russian Nuclear Engineers Arrested for Secrectly Mining Cryptocurrencies Engineers working for the All-Russian Research Institute of Experimental Physics at the […]

Continue reading

Law to Legalize Crypto Mining Introduced in Armenia

Economy & Regulation Armenia may soon follow in the footsteps of countries like Belarus in regards to crypto regulation. Newly proposed legislation provides the basis for legalizing and regulating cryptocurrency mining in the country. Tax exemptions and other incentives will be offered to miners. If the draft law is adopted, businesses will be able to […]

Continue reading

Bitcoin steady as cryptocurrencies take a back seat to the stock market for another session

The volatility on Wall Street put cryptocurrency markets in the back seat for another day as a wild session in equities saw the Dow Jones Industrial Average DJIA, +0.27%   post a 500-point range before lunchtime Friday. The price of bitcoin, the No.1 cryptocurrency, BTCUSD, +5.33%  held steady above $8,000 after some selling pressure to […]

Continue reading