Tag: russia

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Russia to Promote Environmental Projects with “Green Cryptocurrency”

The All-Russia People’s Front (ONF), led by President Vladimir Putin, has submitted a proposal to the Russian government to create a “green cryptocurrency” to...

Russian Government Plans to Subsidize Bitcoin Mining Electrical Cost

Russian newspaper Izvestiya has reported that the Russian government intends to subsidize the cost of electricity for cryptocurrency miners. The report indicates that the Russian government, through the Institute...

Russian Authorities Arrest Three Men for Large-Scale Illegal Bitcoin Sales

Russian authorities arrested three men in September 2017 for their alleged involvement in the large-scale “illegal” sale of the digital currency Bitcoin over the past few...

Putin’s Advisor Announces Creation of Russian Blockchain Association

Russia’s Internet advisor to Vladimir Putin has announced the creation of Blockchain Association which will give “preferential advantages” to participants. Speaking as part of a meetup organized...

Key Russian Institution Plans Deposit and Settlement Services for Digital Currencies

Russia has recently announced several initiatives aimed at rivaling China's current lead in Blockchain technology. The Russian National Settlement Depository (NSD) made another such announcement today, advancing a Blockchain-based...

Russia Considers Official Crypto Asset Platform As Court Bans Bitcoin Info

Russia’s National Settlement Depository (NSD) is considering building a platform for handling cryptocurrency assets to corner the nascent market. As local news portal Kommersant reports, the NSD is...