Tag: russia

  • bitcoin russia, bitcoin vc, bitcoin technology, blockchain technology

    Bogdan Shaldugin Talks about Bitcoin in Russia and Indacoin

    Russia recently relaxed its stance against Bitcoin and other digital currencies. The Russian Central Bank had called a meeting between the country’s financial representatives to discuss about Bitcoin regulations earlier last month. Few weeks ago, the Russian president Vladimir Putin also spoke a bit about digital currency and...

    Gautham | July 26, 2015 | 1:00 pm
  • Russia Lifts Bitcoin Ban

    Russia Lifts Bitcoin Ban

    Since the middle of the last year, the Russian government has been discussing the possible ban and criminalization of digital currency. Some Bitcoin related sites have even been blocked in a move that forced many of the Bitcoin Russian startups to close or go overseas. Last week, Russian...

    Guest Author | May 22, 2015 | 8:27 pm
  • Can Bitcoin Revive the Economy in Crimea?

    Crimea is facing a crisis due to economic sanctions since it was annexed by Russia. The market is currently in desperate need of a solution which Bitcoin can readily provide until it stabilizes. In the present day, how often do we use hard cash for transactions? Not much,...

    Jayanand Sagar | March 15, 2015 | 2:26 pm
  • Moshkov Flirts With Bitcoin Regulation

    In spite of Russia’s recent tough tone on Bitcoin, the central bank has now announced that the digital currency should not be left on the outside. Bitcoin regulation in the picture? Historically, government agencies and members of the Bank of Russia have been positive to the embracing of the...

    Guest Author | February 10, 2015 | 2:17 am
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    Russia Blocks More Bitcoin Sites

    Russia is apparently having a hard time making up its mind about bitcoin.  One minute it’s completely against it.  Then, the very law laying out the disapproval is criticized and rejected.  Now, citing a court order from September 2014, the country has blacklisted several more bitcoin addresses including...

    Guest Author | January 13, 2015 | 1:25 pm
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    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
  • Russia May Be Planning to Issue Fines For Bitcoin Usage

    Let’s file this under not confirmed, before we get things going here, but a report published today by Russian news outlet Lenta.ru suggests that the Russian Ministry of Finance is preparing to issue fines to those who use digital currency like bitcoin, in addition to other ‘money substitutes’. Legislation is...

    Jayanand Sagar | October 3, 2014 | 1:58 pm
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    Russia’s Impending Crackdown on Bitcoin Conversion Into Fiat

    New reports from this weekend indicate that Russia is slated to become the latest country attempting to control the usage of bitcoin. News agency Russia Today reported Friday that a “top official” in the country announced the passing of a law which would prevent the exchange of bitcoin into fiat currency...

    Jayanand Sagar | September 14, 2014 | 2:08 pm

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