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Russian Officials and Businesses Discuss Cryptocurrencies

Wednesday, August 24 – A meeting dedicated to the place for blockchain technology in Russia and possibility of its nation-wide implementation was held in Moscow, at the Russian president administration HQ, with the state internet counsellor German Klimenko as the chairman.

Moscow’s Active Citizen Project to Implement Blockchain

Speaking at the meeting with the Russian president’s administration, Deputy Director of Moscow’s IT Department, Andrei Belozerov, stated that they were ready to implement blockchain technology in the project dubbed Active Citizen.

Economists Expect SWIFT to Be Superseded by Blockchain

The news suggesting that several major banks are about to develop a new digital currency have agitated both crypto-community and professional economists.

DECENT Software Sale Major Update Announced

With just a couple of weeks left to go until the DECENT Software Sale starts, DECENT Content Distribution Platform announced its decision to adjust token distribution and the overall amount of tokens to be issued.

Ukraine’s Cadaster Service Gets Blockchainized

Expert group of the Innovation and Development Foundation is at the final stages of developing a blockchain-based platform for Ukraine’s State Service of Geodesics, Cartography and Cadaster.

Russia Abandons Bitcoin Penalization Plans

According to Interfax, which in its turn references to its own unnamed sources close to the Russian government’s financial departments, Russian authorities have ditched the idea of penalizing bitcoin operations.

Russian Tax Authorities Recommend Reporting Bitcoin Operations

This May, Russia’s Federal Tax Service (FTS) received an internet request from a cryptocurrency user who asked it to clarify whether it’s necessary to provide reports on cryptocurrency buy/sell operations between residents and non-residents. The FTS’s response outlines some interesting issues in this grey legal zone.

R3CEV Successfully Tests Corda Blockchain

Bank consortium R3CEV has announced it successfully completed testing blockchain technology for usage in settlements between international financial organizations. Fifteen members of the consortium took part in the test: Barclays, BBVA, BNP Paribas, Commonwealth Bank of Australia, Danske Bank, ING Bank, Intesa Sanpaolo, Natixis, Nordea, Scotiabank, UBS, UniCredit, US Bank and Wells Fargo. The experiments […]

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