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Russian Central Bank to Use Blockchain for a Register of Depositors

Russia’s Central Bank intends to use blockchain technology in creating a unified register of bank depositors. According to the Central Bank’s experts, the technology may solve the so-called problem of off-balance depositors.

Cryptocurrency Exchange Yobit Runs Suspicious Operations

Blockchain platform Waves has issued a statement to warn users about suspicious operations with Waves tokens at cryptocurrency exchange Yobit.

RosFinMonitoring: Bitcoin and Blockchain Have to Be Legally Regulated

Deputy director of Russia’s Federal Service for Financial Monitoring Pavel Livadny deems it necessary to introduce a regulatory framework for cryptocurrencies and blockchain technology as a federal law. Speaking at a conference on cryptocurrencies held today in the country’s parliament, he said: “The system is based on trust. No legal mechanisms for protection of data […]

Sberbank of Russia to Develop a Blockchain-based IT Platform

Speaking to Russian TV channel Russia 24, head of Sberbank German Gref stated that the country’s largest state-owned bank intends to complete the development of its blockchain-based IT platform by the end of 2018. According to Gref, currently some elements of the platform are undergoing testing, with industry-wide operation to commence the next year. “We […]

VTB Top Manager: Cryptocurrencies Will Become a Real Means of Settlement and Money Saving

Senior VP of VTB bank Dmitry Breitenbikher told Business FM that cryptocurrencies may become a very real means of settlement and money saving in 10 or 20 years’ time.

QIWI to Lead Russian R3 Effort

According to Russian news outlet Izvestia, local payments processor QIWI intends to become the driving force behind creation of a consortium of Russian banks interested in development of blockchain applicability standards.

Russia May Introduce a National Cryptocurrency

According to Kommersant, a Russian news outlet, local officials are discussing introduction of a national cryptocurrency. The idea circulates across the Ministry of finance and the Central Bank, with some representatives of private banks involved.

Kraken Announces Major Update in MtGox Claims Investigation

Global digital asset exchange Kraken shared major news from Tokyo’s court-appointed trustee in the investigation of claims from MtGox creditors.

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