Off lately, Russia’s plans pertaining to move forward with virtual digital currencies or cryptocurrencies have been quite whimsical and there is no clear plan of action. As Russia is already preparing to launch its own cryptocurrency “CryptoRuble” , the national capital of Russia is discussing plans to have its separate cryptocurrency,
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Meet Sberbank, The Newest Member Of Enterprise Ethereum Alliance Enterprise Ethereum Alliance has been growing the size of its enterprise distributed ledger technology by adding more than 100 businesses in the way which are compatible with the Ethereum blockchain architecture. The latest addition to this ever growing network is Sberbank, one
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Russian Bussiness Association Nods In Favour Of CryptoRuble Just when Russian president Vladimir Putin expressed his formidable support towards issuance of the country's own centralized indigenous cryptocurrency popularised by the name of CryptoRuble, comes another bigshot public association falling under the Russian periphery who have been quite vocal about their pro domestic cryptocurrency legislation. For
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Russian Law Makers Seek Out New Path To License Cryptocurrency Miners The financial regulators of Russia have understood very well that imparting proper license to cryptocurrency miners is the best alternative for gaining from the dynamic digital tokens. This realisation came in the aftermath of a meeting conducted along with Russian
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Bitcoin Price Dazzles With Significant Backing From Multiple Avenues We recently discussed Top 5 Reasons Why Bitcoin Price is Increasing in our previous article. We mentioned that there are some more reasons for the recent surge in Bitcoin price. The increasing curve of Bitcoin price is making the entire cryptocurrency world get into a
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Russia Is Too Much Whimsical With Its Future Plans for Cryptocurrencies While several independent nations have started taking their own stand on cryptocurrencies and are laying out their own guidelines and regulations, Russia seems to be still undecided on how it wants to proceed ahead with the Blockchain technology and Cryptocurrencies
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The Central Bank of Russia is weighing out options for coming out with their national cryptocurrency in the light of the magnanimous benefits it can bring along. This announcement comes in sync with Prime Minister Igor Shuvalov’s previous support towards the introduction of “cryptoruble”. He was recently quoted as saying
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Along with Japan, Russia is another country who is quite optimistic about the future of cryptocurrencies and is seen to be actively involved with the progress of the cryptocurrency markets. Last month, we saw Russian government taking some concrete steps in boosting the cryptocurrency mining in Russia. Now, with the growing
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Russian Cryptocurrency Sector Reports First Bitcoin Centered Criminal Offence Bitcoin market have been experiencing a rather tumultuous drive since the last few weeks in Russian periphery following the arrest of three businessmen who were charged for engaging in illegal trading of $9 million worth cryptocurrency or 500 million rubles of Bitcoin.
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Russian Cryptocurrency miners are taking leases of big companies operating power plants for diverting the excess energy production to mining of cryptocurrencies. This move is believed to bring widespread relief to the cryptocurrency miners who often become handicapped under the pressure of towering electricity bills which swipe away significant profit
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