26-06-2017
05:22 am
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Tag: russia

Shortage of Graphics Cards Intensifies in Russia as Cryptocurrency Mining Becomes More Popular No Comments

There is still a large shortage of graphics cards in various parts of the world. Things are getting out of hand in Russia, that much is evident. A new article shows how cryptocurrency mining in the country is picking up. As a result, the shortage of video cards becomes a lot more apparent. It is unclear if this situation will grow worse over time. For the manufacturers, this is good news, though....


bitcoin, trading, exchainges

Russian Think Tank Says the Bitcoin Boom Is Real No Comments

Bitcoin has a bright future; the cryptocurrency is predicted to cross new milestones with time, believes Aleksey Kudrin. The ex-finance minister of Russia and the present chairperson of Council of the Center for Strategic Research, a think-tank --Kudrin was reported mentioning the upcoming developments in cryptocurrency segment at the recently concluded St. Petersburg International Economic Forum....


TrueFlip’s Upcoming Crowdsale to face troubles in Russia No Comments

The way the blockchain technology is increasingly penetrating across the world’s industries, the banning of blockchain based projects like TrueFlip may raise a lot of questions among the masses. Trueflip, a global blockchain lottery platform with an open source code, instant payout and completely transparent prize fund, seems to be in trouble in Russia, since as per Russian Federation media supe...


Russia to Soon Get Its Own National Cryptocurrency No Comments

Cryptocurrencies and blockchain technology has received significant attention at the ongoing Saint Petersburg International Economic Forum. The Russian Central Bank made an important announcement regarding its plans to introduce a national cryptocurrency during the event. The introduction of a national cryptocurrency comes at a time when Russia is mulling over the possibility of legalizing Bitcoi...


Blockchain and Cryptocurrencies Find a Place in the International Economic Forum No Comments

The use of blockchain technology in the banking sector has received yet another endorsement, this time at the International Economic Forum currently being held in Saint Petersburg, Russia. The event, witnessing participation from over 40 ministers, businessmen, and others from 26 different countries covers some of the major aspects of the global economy, trade, and finance. Bitcoin and blockcha...


NewsBTC Russia Economy Bitcoin

Russia is Going Through an Economic Recovery, But What Does It Mean For Bitcoin? No Comments

Russia has always been a bit of an unusual country when it comes to finances. Interestingly enough, the financial system in this country is on the mend, which paints a positive outlook. Considering how the local government wants to take a positive stance on Bitcoin, it is evident this country is worth keeping an eye on. It is good to know Russia's economy is slowly recovering. The past few dec...


Russia’s Largest Online Retailer Ulmart Plans To Accept Bitcoin In September of 2017 No Comments

Russia and bitcoin have never been best friends by any means. Local regulators still feel Bitcoin and cryptocurrency pose a threat. However, it looks like the tide is slowly turning in favor of Bitcoin. Ulmart, the country's largest online retailer, will soon start accepting Bitcoin payments. That is a major validation for the popular cryptocurrency moving forward. Ulmart Is Keeping Tabs on Bitco...


OCC Director Asks for Fair Bitcoin Regulation in US. newsbtc bitcoin regulation news.

Russian FinMin Not to Burden Bitcoin Sales in the Country No Comments

The future of Bitcoin in Russia seems brighter than usual, especially after the recent statement by Alexei Moiseev — the deputy minister of finance. According to Moiseev, The Russian Finance Ministry has completely dropped the idea of banning Bitcoin. Instead, the country will be implementing new cryptocurrency regulations to safeguard the interests of everyone involved. The regulations will not...


Russia to Host Bitcoin Conference in April. newsbtc

To Mine or Not to Mine, Russia’s Regulations Still Unclear No Comments

Russia recently announced its plans to assign a legal status to Bitcoin. While the cryptocurrency community rejoiced about the new developments, it is too soon to break out the champagne as Bitcoin mining can still be considered as a criminal offense, attracting jail time. Many people became aware of the scenario after the head of Russian Central Bank's cryptocurrency working group explained about...


Why Blockchain Will Power The Big Banks In 2016

Russian Political Party, Partiya Rosta Launches Blockchain-Based Social Project No Comments

Russia has emerged as one of the major markets for cryptocurrencies and blockchain products. Political bodies are now utilizing the benefits of blockchain technology in the country. Partiya Rosta is one such Russian political party which has created its own cryptocurrency solution to support social causes. True to its name Partiya Rosta, which stands for the “Party of Growth” has made use o...


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