Author: Lubomir Tassev

A New Bitcoin World

Alternative Crypto Bills Presented in Ukraine and Russia

Alternative Crypto Bills Presented in Ukraine and RussiaDraft laws employing alternative approaches to regulating digital currencies have been introduced in Ukraine and Russia. In Kiev, a bill that classifies cryptocurrency as an asset, unit of exchange and store of value has been filed in the Rada and it’s supported by both deputies and representatives of the industry. In Moscow, the managers of […]

The post Alternative Crypto Bills Presented in Ukraine and Russia appeared first on Bitcoin News.


September 16, 2018 0

Cash to Crypto Trade Blooming in Moscow, Reports Say

Cash to Crypto Trade Blooming in Moscow, Reports SayBuying cryptocurrency in Russia these days increasingly means parting with fiat cash, be it Russian rubles or American dollars. According to numbers quoted by local media, the 24-hour market turnover, just in Moscow, reaches a staggering $50 million dollars on peak days. Some say the cash-crypto trade resembles the wild-wild-east street forex of the 90s, […]

The post Cash to Crypto Trade Blooming in Moscow, Reports Say appeared first on Bitcoin News.


September 12, 2018 0

Start a Business – Do Not Ask for Permission, Skip the Bank Account

Start a Business – Ask For No Permission, Skip the Bank AccountDoing business, relying on your own abilities and talents to make a living, shouldn’t be so hard to start. But unlike the times when almost everyone was a farmer, a craftsman, a merchant, basically a businessman, in today’s realities overreaching state regulations, initial capital needs, unhealthy competition from the bigwigs in an industry, often present […]

The post Start a Business – Do Not Ask for Permission, Skip the Bank Account appeared first on Bitcoin News.


September 12, 2018 0

Projects for Two Mining Pools Under Development in Russia

Russia Developing Own Mining PoolsThe Russian crypto association is working on two projects to create mining pools offering better conditions to the local mining companies. The industry has seen robust growth with an estimated 70,000 enterprises currently operating in the field, according to the organization. Miners are taking advantage of the cheap electrical energy produced in Russia. Many companies […]

The post Projects for Two Mining Pools Under Development in Russia appeared first on Bitcoin News.


September 9, 2018 0

Uzbekistan Legalizes Crypto Exchanges and Trading

Uzbekistan Legalizes Crypto Exchanges and TradingA new presidential decree legalizes cryptocurrency trading in Uzbekistan, introducing licensing for crypto exchanges and a set of requirements they will be obliged to meet. To operate in the country, foreign trading platforms will have to establish local subsidiaries and abide by the country’s relevant laws. Also read: California Passes Bill Defining Blockchain and Crypto […]

The post Uzbekistan Legalizes Crypto Exchanges and Trading appeared first on Bitcoin News.


September 6, 2018 0

Russians Design а ‘Beautiful’ Mining Rig

Russians Design а ‘Beautiful’ Mining RigA Russian design studio has developed a “beautiful” cryptocurrency mining rig. The fashionable “Freer” is a modular, customizable home mining device. It comes in different colors, displays and sets of ports, depending on the requirements of the client. Meanwhile, members of the Russian crypto community have urged the government to classify individual miners as self-employed which […]

The post Russians Design а ‘Beautiful’ Mining Rig appeared first on Bitcoin News.


September 4, 2018 0

A Look at Venezuela’s Other Cryptocurrencies, While the Petro Takes Center Stage

A Look at Venezuela’s Other Coins, While Petro Takes the Center StageFinancially troubled Venezuela, which is introducing the new, denominated, crypto-anchored “sovereign bolivar” this week, is also the birthplace of a number of alternative coins beside the state-issued, oil-backed national cryptocurrency, El Petro. Crisis-hit Venezuelans are actually using some of them in real life, according to the local crypto community.      Also read: Coinhive Mints Quarter […]

The post A Look at Venezuela’s Other Cryptocurrencies, While the Petro Takes Center Stage appeared first on Bitcoin News.


August 21, 2018 0

Three Hackers Held in China Over $87 million Crypto Theft

Three Hackers Held in China Over $87 million Crypto TheftThree suspects have been detained by Chinese police in connection with an alleged cryptocurrency theft. The supposed hackers stole bitcoin and other digital assets worth an estimated $87 million USD. Authorities say this is the biggest heist of this type in the People’s Republic so far. Also read: South African Tax Authority Going After Crypto […]

The post Three Hackers Held in China Over $87 million Crypto Theft appeared first on Bitcoin News.


August 19, 2018 0

Venezuelans to Be Paid at Least Half a Petro a Month

Venezuelans to Be Paid at Least Half a Petro a MonthAnnouncing a 60-fold increase of the minimum monthly salary, President Maduro promised Venezuelans they will be paid at least 0.5 petro, once his monetary reforms are in place next week. The national crypto will be exchanged at a rate of $60 USD and the new “sovereign bolivar” will be pegged to the digital coin.    […]

The post Venezuelans to Be Paid at Least Half a Petro a Month appeared first on Bitcoin News.


August 19, 2018 0

Cryptocurrencies Not a Risk to Stability, Russian Study Concludes

Cryptocurrencies Not a Risk to Stability, Russian Study ConcludesA study has found that despite their volatility, cryptocurrencies do not endanger the financial system and the economy of Russia, as the risks are offset by the highly concentrated ownership of digital assets. Crypto fluctuations are not believed to affect consumption either. Russian residents have controlled cryptocurrency worth between $7.5 and $14 billion in the […]

The post Cryptocurrencies Not a Risk to Stability, Russian Study Concludes appeared first on Bitcoin News.


June 8, 2018 0