Tag: Russia

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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

Porn Star Tempts Russian Prime Minister to Legalize Cryptocurrencies in a Video Message

Russian porn actress Ekaterina Makarova has recorded a video message to urge her country’s regulators, including the Prime Minister Dmitry Medvedev, to legalize cryptocurrencies such as bitcoin and ether. In return, she offered to make their fantasies come true. Also read: Japan’s Largest Bitcoin Exchange Bitflyer Launches Bitcoin Visa Prepaid Card Makarova’s Proposal Russian porn star […]

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October 10, 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

Russian Government Seeks Cryptocurrency Researchers, Will Pay 2.5 Million Rubles

Russian Government Seeks Cryptocurrency Researchers, Will Pay 2.5 Million RublesThe Russian State Duma is holding a tender for a detailed study on the subject of cryptocurrency, blockchain technology, and initial coin offerings (ICOs). The government will pay the winner 2.5 million rubles out of the federal budget. The deadline for submissions is October 10. Also read: Bank of Russia Opposes Cryptocurrency Legalization, Worried About ‘Loss […]

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September 24, 2017 0

Five Leading Russian Universities Start Offering Cryptocurrency Courses

Many universities across Russia have added new courses to their existing finance curricula that are focused on cryptocurrencies, Bitcoin, and blockchain technology. They will offer these courses for the first time this academic year due to high demand. Also read: Russia’s Finance Ministry Drafts Law to Legalize Cryptocurrencies Cryptocurrency Courses A number of top universities in […]

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September 18, 2017 0

Project to Subsidize Electricity Costs to Cryptocurrency Miners Underway in Russia

Project to Subsidize Electricity Costs to Cryptocurrency Miners Underway in RussiaThe preparation of a pilot project is underway in Russia to subsidize electricity costs to cryptocurrency mining farm owners, according to local publications. Meanwhile, interest in bitcoin, ether, and mining have been growing significantly this year. Also read: Russia Discusses Starting Cryptocurrency Mining With Its 20+ Gigawatt Surplus Pilot Project Benefiting Cryptocurrency Miners The Institute for […]

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September 7, 2017 0

Google Says Russia’s Interest in Bitcoin up 220%, Mining 560%, Ethereum 760%

Google has analyzed cryptocurrency-related search queries of Russian residents for the first half of this year. Searches for bitcoin, ethereum, cryptocurrency, as well as cryptocurrency mining, have all increased substantially. Google has also pinpointed the regions in Russia with the most search growth. Also read: Moscow Stock Exchange Prepares to Trade Cryptocurrency Google’s Analysis Google has performed an […]

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September 3, 2017 0

Russia Discusses Starting Cryptocurrency Mining With Its 20+ Gigawatt Surplus

Russia’s First Deputy Prime Minister Igor Shuvalov has revealed that discussions are underway regarding the creation of government centers for cryptocurrency mining, according to local publications. Meanwhile, a bill is being finalized to provide a legal framework for digital currency including bitcoin. Also read: Russia Prepares to Legalize ICOs Government’s Cryptocurrency Mining Centers The Russian First Deputy […]

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August 14, 2017 0

Valenok Becomes First Restaurant in Moscow to Accept Bitcoin

Felt Boot Restaurant Valenok Becomes the First in Moscow to Accept BitcoinA large dining establishment in the center of Moscow reportedly became the first restaurant to accept bitcoin payments in Russia’s capital city on Tuesday, according to local media outlets. Valenok is part of the Novikov Group, which owns over 50 restaurants and franchises. Now the company is considering installing bitcoin ATMs as well. Also read: Bitpoint

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June 29, 2017 0