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VTB Bank Officials Say Russia’s Appetite for Cryptocurrencies Overblown by Media

Russia’s appetite for Bitcoin has been overblown by the media, the head of Russian bank VTB International Riccardo Orcel said Tuesday.

Russia’s Sberbank Among Almost 50 New Members of Enterprise Ethereum Alliance

Sberbank, Russia’s largest bank has joined Enterprise Ethereum Alliance seeking a new way to capitalize on international markets. The bank is the first Russian bank to become a member of the alliance.

Ukraine’s Finance Minister Says Cryptocurrencies Will Not Be Banned

Ukraine’s finance minister Oleksandr Danyliuk insists cryptocurrencies will not be banned in the country even though its legal status is yet to be determined.

Bitcoin Price Rockets to New ATH Over $5200

Bitcoin price soared past the $5,000 mark on Thursday, October 12, reaching a current all time high of $5,269 on the Bitfinex exchange.

Russia Seeks to Limit Maximum Amount of Purchased Cryptocurrency

Russia plans to introduce limitations to the maximum amount of purchased cryptocurrencies.

Ukrainian Parliament to Review a Bill Recognizing Cryptocurrencies a Financial Asset

Ukraine’s parliament, the Verkhovna Rada, will review an alternative cryptocurrency bill. It’s the second bill focused on cryptocurrencies in the last few days, this time registered by Sergey Rybalka, a parliament member from the Radical Party.

Greek Court Rules in Favor of Alexander Vinnik’s Extradition to Russia Causing a Legal Controversy

The council of judges in Saloniki has ruled on October 11th that Russian national Alexander Vinnik suspected of fraud has to be extradited to Russia. This grants the request from Russia’s general prosecutor.

Russian Authorities Receive Putin’s “Signal” to Spearhead Cryptocurrency Mining

In the latest twist of events, Russian government claimed it intends to “head and legally regulate” issuance and turnover of cryptocurrencies.

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