Chechnya to Create Mining Pool for Eurasian Economic Union Countries

Chechnya will create a Eurasian crypto mining pool, the press secretary of the head of the Chechen Republic has reportedly confirmed. The project aims to combine the resources of crypto miners from the Eurasian Economic Union countries. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, Regulator Reveals Chechen Mining Pool Alvi Karimov, the press … Read more

South Korean Crypto Know-How and Capital Sought by Uzbekistan and Belarus

South Koreans undoubtedly have some respectable crypto experience and others have taken note. Uzbekistan, which recently legalized the trading of digital assets, has turned to South Korean experts for help in realizing a project to create the country’s first cryptocurrency exchange. Belarus, a leading crypto-friendly destination in the post-Soviet space, is trying to lure fintech … Read more

The Daily: Minsk Mulls Rules for Exchanges, Qiwi Awards Employees with Tokens

In today’s Bitcoin in Brief, Belarus, which legalized crypto activities this spring, is now turning its attention to adopting standards for companies operating crypto exchanges and issuing tokens. We’ve covered the decision of the Russian payment provider Qiwi to motivate its employees with tokens. The Daily also features crypto news from China and Canada. Also … Read more

New Bitcoin Spellings Cause Confusion: Биткоин, Биткойн, Біткоїн, Биткојн

The addition of “биткоин” (bitcoin) to the Russian spelling dictionary is “well grounded,” according to an important official from the Institute of Russian Language – another recognition of the cryptocurrency. Transliterating English words into a Slavic language written in Cyrillic, however, is not always a straightforward process. Two spelling forms have gained popularity in Russia, … Read more

Bitcoin in Brief Thursday: OECD Explores Cryptocurrencies, Central Asian Powerhouse Calls for UN Crypto Rules

In today’s edition of Bitcoin in Brief we’re focusing on developments in the realm of international politics and economics regarding cryptocurrencies. The Organization of Economic Cooperation and Development is looking into the possible uses of digital coins and the associated technologies. Kazakhstan is calling for the adoption of common crypto rules by the United Nations, … Read more

Major Belarusian Bank Starts Offering Bitcoin CFD as Belarus Gets Less Crypto Friendly

A well-known bank in Belarus will begin offering a bitcoin contract for difference (CFD) product through its platform, a joint project with a Swiss bank. Meanwhile, Belarus is growing less crypto friendly, reportedly amending its decree to impose strict KYC rules. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Bitcoin CFD Product Mtbankfx is an accredited … Read more