Tag: ruble

  • CryptoRuble
    Crypto

    Is Russia on Its Way to Adopting Its Own State-Backed CryptoRuble?

    Russia may be on the way to adopting its own central bank digital currency, according to Anatoly Aksakov, chair of the State Duma’s Financial Market Committee. The Russian Parliament is studying three bills, introduced in March, to regulate smart contracts, digital currencies, cryptocurrency mining, and initial coin offerings (ICOs). Now...

    Ricardo Esteves | November 8, 2018 | 11:00 pm
  • farms
    Crypto

    Russian Banker Turned Anarchist Farmer is Turning Potatoes into Cryptocurrency

    As digital assets near the precipice of falling into the controlling hands of the very financial institutions they were created to disrupt, one banker turned farmer is leading a small village outside of Moscow in a potato driven cryptocurrency revolution. Rebuilding a Dying Village with Cryptocurrency When Mikhail Shlyapnikov was...

    John McMahon | June 8, 2018 | 10:00 am
  • Ruble , Bitcoin, Moscow, Russia, Red Square

    Bitcoin Exchange Counter Launched in Russia

    Russia recently took a far more liberal approach towards Bitcoin than expected. Last week, the Russian government decided not to introduce criminal liability towards mining and usage of the digital currency. Following the government’s move, the cryptocurrency community in the country has started to come up with novel...

    Gautham | August 17, 2016 | 1:00 pm
  • NewsBTC_Russia Bitcoin Witch Hunt
    Bitcoin

    Russian Ministry of Finance Continues Bitcoin Witch Hunt

    Russia and Bitcoin will, most likely, never get along, and there is nothing wrong with that. Any self-respecting country in the world is keeping an open mind towards Fintech and digital currency, which is not on the agenda for Russian officials just yet. What is worrying, however, is...

    JP Buntinx | March 23, 2016 | 1:00 pm
  • Russian Ministry of Finance Looks To Make Bitcoin Punishable By Law. newsbtc
    Bitcoin

    Russia To Make Bitcoin Punishable By Law

    Russia has never been keen on Bitcoin by any means, which has lead to a varied history of banning the digital currency and unbanning it with strict controls in place. Over the years, various Russian Bitcoin websites have been inaccessible, but it looks like the Russian Ministry of...

    JP Buntinx | February 4, 2016 | 8:00 pm
  • What Can China Teach Russia About Bitcoin. newsbtc bitcoin news
    Bitcoin

    What Can China Teach Russia About Bitcoin?

    Is China turning to bitcoin? According to Bitcoinist, the country is purchasing massive amounts of the virtual coin after the yuan experienced a massive drop in value this past month. The hefty increase in price we’ve seen over the weekend could be a direct result of the purchasing....

    Guest Author | October 18, 2015 | 10:00 pm
  • Bitcoin

    Will Russia Get Its Own Digital Currency?

    Russia and digital currency are in the news together yet again, only this time, it’s not out of an ongoing war of words, but because Russia is in the process of creating a cryptocurrency of its own. Known as the bitruble, the virtual currency will likely be launched next...

    Guest Author | September 19, 2015 | 3:00 am
  • Will Petrobitcoin Replace Petrodollar Anytime Soon?

    Last year, in June 2014, Kuwait Financial Center better known as Markaz released a report on bitcoin. The report titled – Disruptive Technology: Bitcoins, Currency Reinvented suggested the use of bitcoin as a mode of payment for petroleum trade. This report caused a lot of debate among economists...

    Gautham | March 29, 2015 | 9:30 am
  • Uncategorized

    Russia and Bitcoin… No Longer Enemies?

    Russia and bitcoin have not exactly been on good terms.  The country showed a particularly strict attitude towards the digital currency and was looking to enforce a ban that would threaten any users with heavy fines and other forms of punishment should they engage in the “pleasures of...

    Guest Author | December 27, 2014 | 6:26 pm
  • Uncategorized

    BTC-e Stops Russian Ruble Deposits and Withdrawals

    Bulgaria-based BTC-e today announced the indefinite halting of both deposits and withdrawals of the Russian ruble via the QIWI system and other methods. The news comes following an uncertain climate in Russia with regard to cryptocurrencies, in which it has previously been said that the use of bitcoin...

    Jayanand Sagar | February 7, 2014 | 8:59 am

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