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The Daily: India to Become Blockchain Leader, Coinfloor Granted Gibraltar License

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A recent study indicates that the blockchain craze isn’t dying out yet. Buoyed by its findings, media and experts in India have commented that the country can become one of the leaders in the field. Also in The Daily, an Australian university now offers an online blockchain programming course, Russia has announced a plan to create … Read more

Venezuela to Use the Petro to Buy Auto Parts from Russia

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Venezuelan government intends to purchase Russian auto parts with its state-issued cryptocurrency. Ministers from both countries have discussed the use of the petro in bilateral transactions during a high-level meeting in Caracas. Possible Russian crypto investments are also on the agenda. Also read: Venezuelans to Buy Homes and Property with State Cryptocurrency Caracas to Build … Read more

Could Russia and Its Allies Create an Alternative Internet?

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Russia is one of those countries which intrigues a lot of people for various reasons. We are all too aware of this country’s mixed opinions regarding financial innovation. Perhaps the most worrisome aspect is that Russia apparently plans to create its own internet. Rumors regarding such a project have been circulating for quite some time now, but it … Read more

Cryptoruble Delayed – Russian Central Bank Worried It Could Bypass Regulations

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Russia’s national cryptocurrency, the cryptoruble, is unlikely to be created in the foreseeable future, according to the Bank of Russia. The central bank believes that it could be used to bypass regulations. Meanwhile, the finance ministry wants to use the cryptoruble for cross-border payments. Also read: South Korean Officials Caught Trading On Insider Knowledge of Crypto … Read more

Russian Cryptocurrency Bill Is Ready – Regulators Share Details

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The bill for the regulation of cryptocurrencies and initial coin offerings (ICOs) in Russia is ready. It was jointly developed by the country’s central bank and finance ministry. The regulators have shared some details of the bill including how mining activities are to be taxed. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, … Read more