Tag: Russia

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Russia’s New Prime Minister Sets Course for Digital Economy

The new Prime Minister of Russia Mikhail Mishustin has asserted that the country should prioritize the development of a digital economy. The Prime Minister of the Russian Federation has called on the country to prioritize the development of the digital economy. As domestic news outlet RIA Novosti reported on Jan. 16, Mikhail Mishustin — who…
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2019 to 2020: Insiders, Outsiders and Experimenters in Crypto Regulation: Part 2

An overview of the stances of China, Russia, India and the developing world toward crypto regulation in 2019. This is the second part of a three-part series that covers the regulatory landscape for digital currencies in 2019 and looks at the prospects of 2020. While the first chapter in the series looked at the “Insiders,”…
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Russia’s Central Bank Is Now Testing Real Asset-Pegged Stablecoins

Russia’s central bank, The Bank of Russia, has reportedly started testing stablecoins pegged to real assets in a regulatory sandbox. The Bank of Russia, the country’s central bank, has reportedly started testing stablecoins pegged to real assets in a regulatory sandbox. Elvira Nabiullina, Russia’s central bank head, said that the bank doesn’t assume that those…
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Binance Expands Trading for Turkish Lira Trading Pairs

Binance, the second largest exchange by daily trading volume, has extended trading pairs for the Turkish lira and the Russian ruble. Binance, the second-largest exchange by daily trading volume, has extended trading capabilities for the Turkish lira (TRY) and added a new trading pair for the lira and the Russian ruble (RUB). Binance users can…
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Greek Court Suspends Decision to Extradite Alleged Crypto Criminal

Greece’s top administrative court has suspended the decision to extradite Alexander Vinnik, who is accused of laundering billions of dollars through a cryptocurrency exchange. Greece’s top administrative court has suspended a decision to extradite Alexander Vinnik, a Russian national suspected of laundering of billions of dollars through a cryptocurrency exchange. According to Reuters on Dec.…
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Russia Is Unhappy About Greece Extraditing Alleged Money Launderer Vinnik to France

Alleged $4 billion BTC launderer Alexander Vinnik to be extradited to France despite Russia’s multiple efforts to bring him to the country of his citizenship. Alexander Vinnik, the alleged former operator of now-defunct crypto exchange BTC-e, will be extradited to France, according to a new decision from Greece. Following years of disagreement on what jurisdiction…
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Alrosa, Tencent, Everledger Bring Diamonds on the Blockchain to WeChat

The world’s largest diamond mining firm, Alrosa, has partnered with Tencent, the operator of Chinese social media giant WeChat, on a new blockchain-powered e-commerce project. The world’s largest diamond mining firm, Russia’s Alrosa, has partnered with Tencent, the operator of Chinese social media app WeChat, on a new blockchain-based e-commerce project. Together with blockchain platform…
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Crypto Remains Unregulated in Russia — Lots of Talk but No Action

Russian authorities are poised to introduce several prohibitive measures, yet feasibility and enforcement mechanisms raise questions. At the end of November, news surfaced that Russian cryptocurrency users, who have been operating in a regulatory gray zone, could soon be at risk as the nation’s financial authorities reportedly join forces to outlaw the use of digital assets…
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Darknet ICO, Bitmain Infighting, Calls for Cotten to Be Exhumed: Hodler’s Digest, Dec. 9–15

A darknet marketplace is planning a $146 million ICO, QuadrigaCX victims want Gerald Cotten’s body exhumed, and Libra has quietly updated its white paper. Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and…
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Blockchain Pilot Makes Waves in Russia’s Energy Sector

Russian tech startup Waves announced it has been testing a blockchain solution for payments in the retail electricity sector. Earlier this week, Russian tech startup Waves announced it has been testing a blockchain solution for payments in the retail electricity sector. The pilot program was initiated by Rosseti, Russia’s national energy grid operator, which is…
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