Tag: finance ministry

A New Bitcoin World

Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble

Putin Orders the Issue of Russia's National Cryptocurrency – the CryptorubleRussia’s president Vladimir Putin has reportedly ordered the issue of the national cryptocurrency, the “cryptoruble.” The Russian Minister of Communications and Mass Media has revealed some details of this new currency. Also read: Putin Confirms Russia Will Regulate Cryptocurrencies Putin’s Executive Order Russia’s Minister of Communications and Mass Media, Nikolay Nikiforov, said at a closed meeting […]

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October 16, 2017 0

Russian Regulators Think They Found a Way to Identify, Tax, and License Crypto Miners

Russia’s regulators have revealed how they plan to find and tax cryptocurrency miners as well as license them. This follows their meeting with Russia’s President Vladimir Putin. At the meeting, they agreed to regulate cryptocurrency mining, alongside cryptocurrencies themselves including bitcoin. Last week, the finance ministry proposed creating a registry of crypto miners. Also read: Research […]

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October 15, 2017 0

Putin Tells Central Bank Not to Create Unnecessary Barriers to Cryptocurrencies

The President of the Russian Federation, Vladimir Putin, held a meeting on Tuesday to discuss cryptocurrencies. It was attended by top regulators including the central bank governor, her deputy, and the finance minister. While Putin acknowledged the risks associated with cryptocurrencies, he stressed the importance to not “build up unnecessary barriers” for new technologies. Also […]

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October 11, 2017 0

Bitcoin ATMs On the Rise in Russia

The number of bitcoin ATMs is on the rise in Russia. Ten of them were recently installed in five districts of Novosibirsk by a local startup. Last week, a different company announced their plans to install a hundred cryptocurrency ATMs in Moscow hotels and airport terminals starting this month. Meanwhile, the regulators have said that […]

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October 8, 2017 0