More than Half of Russians Know About Bitcoin Now

More than half of Russians have some knowledge about bitcoin, according to a new survey. Awareness is higher among young people and in major cities. Three quarters of the Muscovites feel informed about the leading cryptocurrency thanks to 185,000 publications in news outlets. Bitcoin is the most popular word in Russian social media, another study shows. … Read more

Russia Ready for Migrant Bitcoin Miners Influx

Despite some indecisiveness about cryptocurrencies on the part of centralized power, Russia has been quietly preparing for a wave of migrant crypto miners from East and West. It’s been said that the country has got what it takes to invite them. A third of the Soviet era power producing capacity is idling, after energy hungry … Read more

Could Russia and Its Allies Create an Alternative Internet?

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

Survey: Indians See Brighter Crypto Future than Americans

Despite repeated government warnings against crypto investing, a sizable majority of Indians feel optimistic about the future of cryptocurrencies. Just as many Indians, as Americans, 7%, admit they own bitcoin or an altcoin, according to a survey that covered 6 countries, including major markets. Indians are more optimistic, however – 68% believe that most people will … Read more

Businessman Outright Buys Two Electric Power Stations to Do Bitcoin Mining in Russia

China has dominated the bitcoin mining industry for a couple of years, but fears of a government clampdown are signaling now might be the best time to enter the market elsewhere in the world. And someone just made a big bet that Russia, with its cold weather and plentiful fossil fuel energy sources, is the … Read more

Moscow Exchange Ready for “Fast and Easy” Crypto Derivatives Trading

With authorities in Moscow still trying to find their bearings on Bitcoin, the largest Russian exchange has announced its readiness to organize trading of cryptocurrency-based financial instruments. It would be faster and easier, MOEX said in comments to local media. Russia’s Central Bank, however, has rejected calls from the Finance Ministry to allow buying and … Read more