Tag Archives for " Russia "

Russia Developing System to Identify Crypto Miners but Considers Giving Them Tax Break

Mining A Russian ministry is preparing a bill for the regulation of cryptocurrency mining which reportedly includes a “special system” to detect crypto miners. In addition, there may be a 2-year tax break for miners as well as energy quotas and special tariffs. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies System […]

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Russia’s Longest-Serving Finance Minister Backs Crypto “Self-Regulation”

Economy & Regulation Former Russian Finance Minister Alexei Kudrin favors “self-regulation” in the cryptocurrency sector. He believes it will be more effective, at this early stage, than any imposed regulations. Others have expressed similar views about the currently proposed regime. Kudrin shared his opinion on social media, commenting on the latest developments in the crypto […]

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Most Cryptocurrencies Are More Centralized Than You Think

Altcoins The whole point of cryptocurrencies is that they’re decentralized. Peer-to-peer cash; trustless exchange; bypassing intermediaries. So why are numerous cryptocurrencies structured more like central banks? From adjusting wallet balances to controlling nodes, many crypto projects behave just like the financial institutions they were meant to replace. Throw in the cult of a strong leader, […]

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As Blockchains Grow Bigger, Full Node Counts Increase

Technology Back in 2016, the number of full nodes within the Bitcoin core network was dropping. At the time, Bitcoin enthusiasts thought the amount of nodes would continue to decline and the metric was used heavily in the scaling debate. However, in contrast to many people’s predictions, the count of full node BTC implementations has […]

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More than Half of Russians Know About Bitcoin Now

Featured More than half of Russians have some knowledge about bitcoin, according to a new survey. Awareness is higher among young people and in major cities. Three quarters of the Muscovites feel informed about the leading cryptocurrency thanks to 185,000 publications in news outlets. Bitcoin is the most popular word in Russian social media, another study […]

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Russia Ready for Migrant Bitcoin Miners Influx

Economy & Regulation Despite some indecisiveness about cryptocurrencies on the part of centralized power, Russia has been quietly preparing for a wave of migrant crypto miners from East and West. It’s been said that the country has got what it takes to invite them. A third of the Soviet era power producing capacity is idling, […]

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Survey: Indians See Brighter Crypto Future than Americans

Economy & Regulation Despite repeated government warnings against crypto investing, a sizable majority of Indians feel optimistic about the future of cryptocurrencies. Just as many Indians, as Americans, 7%, admit they own bitcoin or an altcoin, according to a survey that covered 6 countries, including major markets. Indians are more optimistic, however – 68% believe that […]

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Austrian Bitcoin Miner May Seek an IPO on the London Stock Exchange in 2018

Finance Are you an environmentally conscience stock investor looking to add some bitcoin exposure to your portfolio without fearing you might be melting the polar ice caps? A new “green” energy cryptocurrency mining venture may soon be available for you to invest in. Also Read: Businessman Outright Buys Two Electric Power Stations to Do Bitcoin […]

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Mark Cuban’s NBA Team Mavericks to Sell Tickets for Bitcoin “Next Season”

Services The NBA has hundreds of millions of fans all over the world, and at least some of them will soon be exposed to the mainstream use of cryptocurrency for payments for the first time. This is thanks to one famous team owner that now promises that bitcoin can be used to buy tickets starting […]

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Moscow Exchange Ready for “Fast and Easy” Crypto Derivatives Trading

Regulation With authorities in Moscow still trying to find their bearings on Bitcoin, the largest Russian exchange has announced its readiness to organize trading of cryptocurrency-based financial instruments. It would be faster and easier, MOEX said in comments to local media. Russia’s Central Bank, however, has rejected calls from the Finance Ministry to allow buying […]

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