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Bitcoin Sales in Russia Will Not Be Subject to Licensing Obligations

According to Alexei Moiseev, deputy minister for Russia’s ministry of finance, the department has no plans to issue licenses for bitcoin sales.

Ukrainian Ministry of Justice to Start Deploying Blockchain Solutions

According to a Facebook post by Konstantin Yarmolenko, the head of state agency for e-government of Ukraine, the country’s ministry of justice has announced it is ready to deploy blockchain solutions in basic ledgers and the system of escheat realization.

Bitcoin Mining in Russia Still Might Put People in Jail

According to Elina Sidorenko, the head of Russian Central Bank’s working group on cryptocurrencies, Russian legislators intend to make mining regulation as friendly as possible, however, selling mined bitcoins still might put people to jail.

Kazakhstan to Move VAT Reporting to Blockchain

According to Sanzhar Kettebekov, CEO of Almaty Tech Garden, Kazakhstan is working on blockchainizing VAT data bases. As reported by local oublication LS, currently the project team is working on electronic invoices.

Russian Official: Blockchain as a Technology Shall Remain Beyond Regulation

According to Elina Sidorenko, the head of the Russian Central Bank’s working group on cryptocurrencies, products incorporating blockchain technology should be a part of the legal terrain, while the technology itself should remain beyond regulation.

Encrypted VoIP Operator EncryptoTel to Launch an ICO

Seeking to enable the company to finalize its product in beta, EncryptoTel intends to launch an ICO on April 24. The company develops a secured telecom network featuring encrypted VoIP services for businesses and individuals.

The National Bank of Belarus to Use Blockchain for Security Bonds Ledger

Speaking at the international conference Digital Banking, the first deputy of the Belarusian National Bank’s board Taras Nadolny stated that the bank will use blockchain technology to create a security bonds ledger.

BitFury Group Signs Agreement With Ukraine Government to Provide Blockchain Services

Ukraine has partnered with global technology company the Bitfury Group to put a sweeping range of government data on a blockchain platform, the firm’s chief executive officer told Reuters, in a project he described as probably the largest of its kind anywhere.

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