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Space is the next frontier our species will explore in one way or another. Doing so is much easier said than done, though, as getting into outer space is not something most consumers currently expect to do. Russian space company Energie plans to change all that by offering “comfortable” flights to the International Space Station. These flights … Read more
Following in the footsteps of counterparts from former Soviet countries, government officials in Transnistria have attempted to create crypto-friendly environment in their disputed republic. Newly adopted legislation legalizes cryptocurrency mining and provides incentives for foreign investors. Entrepreneurs, invited to set up mining facilities, are not even required to register a local company. They can take … Read more
One of the biggest expenses when it comes to mining Bitcoin is the price of electricity, to that end, a study has been done on what it will cost you to mine one BTC in different countries. #INFOGRAPHICS Go to Source Powered by WPeMatico
Russia’s PM Medvedev sees a need for more unified cryptocurrency regulation across the Eurasian Economic Union. #NEWS Go to Source Powered by WPeMatico
The Bank of Russia said it will allow cryptocurrency mining in the country, given tax, control, and reporting considerations. However, the central bank also proposes for crypto miners to sell their coins overseas, which will still oblige them to pay taxes. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bank of Russia Allows … Read more
Apathy towards cryptocurrencies came to the fore at the World Economic Forum, and some believe governments will turn to their own centralized cryptocurrencies to contend with Bitcoin. #ANALYSIS Go to Source Powered by WPeMatico
Sberbank — Russia’s largest state-owned bank — is developing a cryptocurrency exchange in Switzerland. #NEWS Go to Source Powered by WPeMatico
The largest bank in Russia, the state-owned Sberbank, has reportedly announced its plans to bypass the Russian cryptocurrency regulations and offer crypto trading to customers overseas. The bank is looking at trading pairs of the most liquid and well-known cryptocurrencies. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Bypassing Russian Regulations At a … Read more
A Russian ministry is preparing a bill for the regulation of cryptocurrency mining which reportedly includes a “special system” to detect crypto miners. In addition, there may be a 2-year tax break for miners as well as energy quotas and special tariffs. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies System to … Read more
Former Russian Finance Minister Alexei Kudrin favors “self-regulation” in the cryptocurrency sector. He believes it will be more effective, at this early stage, than any imposed regulations. Others have expressed similar views about the currently proposed regime. Kudrin shared his opinion on social media, commenting on the latest developments in the crypto debate. The longtime … Read more
