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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
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
A Russian businessman intends to refurbish two power stations into cryptocurrency mining operations in the future. #MINING Go to Source Powered by WPeMatico
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
