Tag: russia

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Russian Bitcoin Tycoon Expands Into Africa

Russia is striving to lead the global blockchain movement, with President Vladimir Putin even eyeing the creation of a national cryptocurrency. But the real work...

Abkhazia Will Create Own Crypto, Abandon ‘Normal Money’

The unrecognized breakaway republic of Abkhazia is issuing its own cryptocurrency and could “abandon normal money in several years.” The little-known country, formerly part of...

FUD-Proof Bitcoin Heads Towards $5k Despite Media Hype at Russia Ban

Bitcoin price continues to hold just below $5000, as the industry instantly shakes off Russia’s exchange ban. As news broke Tuesday that the country’s central bank...

Bitcoin Price Is ‘Like MMM Ponzi Scheme’: Russian Economic Minister

The head of Russia’s Ministry of Economic Development has compared Bitcoin to the infamous Ponzi scheme MMM. Speaking at the Federation Council, Maksim Oreshkin repeated the theme...

Bitcoin Mining Farms Invited to Russian Leningrad Region

Alexander Drozdenko, governor of the Leningrad region in Russia, issued a general invitation to miners to use land in the region for mining farms, per...

BTC-e’s Vinnik Rejects US Judgment, Offers to Help Putin with Expertise

Assumed BTC-e CEO Alexander Vinnik has publicly stated his innocence and even offered to help Vladimir Putin as a digital technology specialist. Speaking to Russia Today in...