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PortuguêsWith the recent coronavirus spread and its overall effect on the global economy, some people believe the powers that be are preparing a financial reset. During these times, a number…
Continue ReadingMichael Stay, a former software engineer with Google and the current CTO of smart contract and decentralized application (Dapp) firm, Pyrofex, claims to have successfully hacked a zip file containing…
Continue ReadingExperts suggest that blockchain technology could have been a better solution for handling coronavirus-related data in Russia. Moscow’s COVID-19 App is pulled from Google Play On March 25, an app…
Continue ReadingDespite what gold bug Peter Schiff says, economists are uncertain that gold will shine during the current coronavirus crisis. While gold and other precious metals have seen decent gains in…
Continue ReadingThe Central Bank of Russia’s (CBR) first deputy governor has said that blockchain technology is not the “universal solution,” many promised it would be five years ago. In an interview…
Continue ReadingThe chairman of the Russian State Duma Committee on Financial Markets has confirmed that the bill which provides the regulatory framework for cryptocurrencies in Russia has been completed. The official…
Continue ReadingUnited States authorities have arrested a Russian national under allegations of money laundering — using his Instagram that promoted his rap career as evidence against him. Per court filings unsealed…
Continue ReadingAfter facing multiple delays, the adoption of Russia’s major cryptocurrency law will be postponed again, now due to the coronavirus. Anatoly Aksakov, chairman of the Russian State Duma Committee on…
Continue ReadingAlthough China remains, by far, the leading region for bitcoin mining, the coronavirus downturn is changing the picture in other geographies. According to Thomas Heller, business director of one of…
Continue ReadingRussian police have caught bitcoin miners who were stealing $200,000 worth of electricity each month in their efforts to mine cryptocurrency. According to a statement released by the Russian Interior…
Continue ReadingThe Federal Bureau of Investigation (FBI) has charged a Russian hacker for stealing private information, and has shut down his platform — Deer.io, which moved funds via crypto assets. The…
Continue ReadingIn this roundup, we cover crypto regulatory developments amid the global crisis effected by the coronavirus outbreak, bank closures, interest rate cuts, and plunging stock markets. Through it all, governments…
Continue ReadingRussia’s Ministry of Economic Development has proposed a bill on “regulatory sandboxes” that seeks the legalization of blockchain and cryptocurrencies, according to local media agency Izvestia. Sandbox Participants Will Be…
Continue ReadingThe Russian government may soon allow the creation of regulatory sandboxes for companies working on cutting-edge technologies like artificial intelligence and distributed ledgers. Introduced in a new bill on March…
Continue ReadingAmid regulatory uncertainty for cryptocurrencies in Russia, a federal ministry introduced legislation that would legalize crypto and blockchain within a special regulatory environment. The Ministry of Economic Development of the…
Continue ReadingThe global market meltdown has indirectly benefited Russia‘s bitcoin miners, even as the cryptocurrency‘s price tumbled along with other assets. That’s because the Russian national currency has rapidly lost value,…
Continue ReadingExtreme volatility. Sudden loss of value. A purported store of value. An economic hedge. An alternative to gold. On the face of it, bitcoin and oil have a lot in…
Continue ReadingA new version of Russia’s delayed bill on digital assets will include a ban on issuing and selling cryptocurrencies, according to the country’s central bank. Bank of Russia (BoR) remains…
Continue ReadingAfter years of uncertainty about its cryptocurrency regulation, Russia is further confusing its proposed crypto law as the country’s central bank made yet another statement on the issue. According to…
Continue ReadingCentral banks worldwide have been bracing for the worst, as the global economy has shuddered over the last seven days. On March 11, the Bank of England slashed rates by…
Continue ReadingKirill Victorovich Firsov, the alleged owner of Russian-based anonymous marketplace Deer.io, was arrested on March 7 by Federal Bureau of Investigation (FBI) officials at John F. Kennedy Airport in New…
Continue ReadingThe Russian communications watchdog has launched an offensive on censorship resistant platforms, including the Telegram Open Network (TON) and privacy browser Tor. Russia’s Federal Service for Supervision of Communications, Information…
Continue ReadingThe volume of cryptocurrency flows on darknet markets — which are involved in illegal drug and arms trafficking, remittance and transfer of illicit funds — have doubled for the first…
Continue ReadingGlobal energy markets could impact the future of bitcoin, but not strictly in terms of supply or demand. On the surface, the current oil market chaos may appear to be…
Continue ReadingA Russian government agency has requested contractor bids to find ways to block censorship-resistant internet technologies, like mesh networks. The list includes messaging app company Telegram’s yet-to-be-launched blockchain. The call…
Continue ReadingMonday’s historic financial tumult reached beyond stocks, sinking commodities and even bitcoin markets. “I don’t think any asset is safe right now – except cash, U.S. dollars,” said Ali Khedery,…
Continue ReadingOil markets have tumbled by about 30% on Monday morning, which was the largest single-day decline in 29 years. Brent futures saw their second-biggest decline in history, behind the crash…
Continue ReadingIn what seems to be another episode in a long-running campaign, the Russian telecom regulator has restricted access to at least six websites posting content related to cryptocurrencies. Тhe forum…
Continue ReadingAlysa Xu, Chief Strategy Officer of OKEx, has stated that in the coming year the exchange will place a key focus on developing its presence in the Russian market. This…
Continue ReadingA Russian oligarch, a former cabinet minister and the COO of German fintech company Wirecard invested in Telegram’s $1.7 billion initial coin offering (ICO), according to a previously unreported court…
Continue ReadingAt a press conference held on Feb. 21, a representative for the National Bank of Ukraine released the results of its much-hyped central bank digital currency project called the e-hryvnia.…
Continue ReadingThe Securities and Exchange Commission (SEC) has charged actor Steven Seagal for promoting an initial coin offering (ICO) without disclosing that he was paid for it. He was ordered to…
Continue ReadingRecently, financial regulators around the world have been growing concerned about the role of cryptocurrency in money laundering and financing of various illicit activities. The first two months of 2020…
Continue ReadingRussia’s richest man, Vladimir Potanin, is making steady headway with his blockchain-based trading platform for industrial assets and commodities. The billionaire’s venture, dubbed Atomyze, launched today, Feb. 25, in test…
Continue ReadingBillionaire Vladimir Potanin has received approval from the Russian central bank to launch his own blockchain-based platform and token to be used by consumers, Bloomberg reports. Oligarch Brings Blockchain to…
Continue ReadingNornickel, the Russian mining and smelting giant, has taken another step toward the issuance of tokens backed by metals on Atomyze, a Hyperledger-based blockchain platform. The platform is now launched…
Continue ReadingRussia’s Federal Security Service (FSB), the successor of KGB, agreed with the Central Bank of Russia that cryptocurrencies should not be allowed as means of payments on the territory of…
Continue ReadingThe Central Bank of Russia (CBR) has formally proposed a legal framework for tokenization, but also plans to label cryptocurrency transactions as suspicious activity, it said in a press release…
Continue ReadingThe Central Bank of Russia (CBR) published a new set of rules for suspicious transactions, Russian finance publication RBC reported on Feb. 17. The update broadly categorizes any cryptocurrency-linked transaction…
Continue ReadingA successful tokenization trial could lead to big changes in Russia’s proposed cryptocurrency legislation. The Central Bank of Russia (CBR) announced on Feb. 17 the completion of a blockchain tokenization…
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