Iran May Unveil State-Backed Cryptocurrency This Week

Iran is reportedly expected to announce its state-backed digital currency at the annual Electronic Banking and Payment Systems Conference which starts on January 29th. The move is an attempt to bypass US-imposed economic sanctions.  Iran-Backed Cryptocurrency Iran first announced its intentions to launch a state-backed digital currency in the summer of 2018. The move was […]

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‘Unlikely in Next 30 Years’ – Russian Official Dispels Bitcoin Investment Rumor

Elina Sidorenko, head of the Legislative Risk Assessment Group in Russia, says there is no merit to rumors that the country will invest as much as $10 billion in bitcoin. Russia: Cryptocurrency Framework Not Yet in Place Speaking to Forklog, Sidorenko said the country doesn’t yet have the regulatory structure to invest state funds in cryptocurrencies. […]

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Russia Planning $10B Bitcoin Investment, Insists Kremlin Economist

Russian economist, Vladislav Ginko, says Russia is looking to invest $10 billion in Bitcoin as the State Duma has put cryptocurrency legislation high on the agenda for 2019. Rumored $10 Billion Bitcoin Investment Ginko, an economist with ties to the Kremlin, says the Russian government will convert some of its USD reserves into Bitcoin, a […]

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Russia Plans to Ditch US Dollar for Bitcoin, Says University Professor

A Russian university lecturer with ties to the government says the Kremlin will soon begin investing massively in Bitcoin as a way of avoiding new U.S. sanctions, a move that could happen “in a matter of weeks.” Russia to Buy Some ‘Digital Gold’? Speaking exclusively to Micky, Vladislav Ginko of the Russian Presidential Academy of […]

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Cryptocurrency ATMs Set to Multiply in Greece

Cryptocurrency ATMs are set to become more popular in Greece following plans by a local company to install more of the machines. Cryptocurrency ATMs continue to become more popular, with units being installed in different countries on a regular basis. More Cryptocurrency ATMs Coming to Greece According to the Greek Reporter, a local company wants […]

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Russia: Cryptocurrency Users Must Calculate Own Tax

Wilma Woo · June 7, 2018 · 5:00 pm Russian citizens will have to compute their own tax obligations from cryptocurrency trading, the head of the country’s tax office said on June 6.  Cryptocurrency Trading Is ‘Excess Income’ In a document originally compiled last month,  Alexey Sazanov, director of the Russian Ministry of Finance’s tax […]

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‘Losing Credibility’? Ethereum’s Vitalik Buterin Hints He’s Pro-Establishment

Wilma Woo · April 20, 2018 · 2:30 pm Ethereum cofounder Vitalik Buterin seemed to confirm he is “establishment-friendly” in a new interview which has led to a critical reception from cryptocurrency figures. ‘Very Revealing’ Speaking to the Financial Times in a piece published April 18, Buterin was economical with his words but provided some […]

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Russia Plans on Securing Elections with Blockchain Technology

Adam James · March 31, 2018 · 10:00 pm Blockchain technology is slated to help secure and verify election results in Russia, as well as the United States. Blockchain Choose You In an effort to provide a more safe and secure system for voters, Russia’s Central Election Commission is planning on implementing a blockchain-based voting […]

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Vladimir Putin Endorses Blockchain: Russia Can’t Be ‘Late In The Race’

Russian Federation President Vladimir Putin endorsed blockchain technology during a meeting on Sunday with Herman Gref, the president of Sberbank, Russia’s largest bank. ‘We Need Professionals in This Field’ Gref, who said his bank would implement blockchain into its business, suggested to Putin that the Russian government should include blockchain technology in education and professional […]

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Russia Is Spearheading Global ICO Regulations But Can It Ever Work?

Samuel Rae · December 1, 2017 · 1:45 pm The Russian Association of Blockchain and Cryptocurrency is trying to establish a network of regulators for the ICO space but – whatever they achieve – doubts remain as to whether it can ever be totally effective. The part that various global nations will play in the […]

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