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One of the speakers at recent Blockchain Conference Kyiv was Mikhail Shmelyov, director for technological policy at Microsoft Ukraine. He spoke about changes in software applications, and blockchain’s place in consumption economics.

In the course of the Blockchain Conference Kyiv, held on March 19, Yegor Stephanovych, the CIO of Ukrainian Secretariat of Cabinet of Ministers, presented the draft project for e-government platform dubbed E-Ukraine.

According to Rospatent, Russian patent bureau, a few days ago Moscow-based M-Group LLC failed to register “Bitcoin” as a brand. The company’s application required to register the trademark for classes 38 and 36 (telecom and financial operations respectively) of the International Classification of Goods and Services. Rospatent rejected to register the trademark as “the provided […]

Russian ministry of finance has developed amendments to the law “On the Central Bank”, which ban turnover and issuance of cryptocurrencies. The department has also prepared several amendments to the Administrative Violations Code, which impose stricter sanctions on businesses for issuance and turnover of cryptocurrencies.

Roman Sulzhyk, former managing director for futures market at the Moscow Exchange, predicted at Blockchain Conference Kyiv that Bitcoin would be dead in 20 years’ time. Sulzhyk believes Bitcoin is but a phase of natural evolution of money while true crypto-revolution is just dawning.

Russia-based payments system OOOPay has added an option of accepting and withdrawing Bitcoin for users. Sergei Kravtsov, executive director of the company, says Bitcoin withdrawal is presently available via mass payments. A user may personally set up the option in the personal account. The withdrawal is also available by means of currency exchange. “Blockchain technology […]

March 10, Russian ministry of finance proposed to introduce up to seven years of imprisonment as a punishment for issuance and usage of money surrogates, including Bitcoin and other cryptocurrencies. ForkLog most certainly recalled QIWI’s project BitRuble, which at first thought is definitely subject to the law in question.

Online retailer Overstock will become the first company in financial market history to place public shares on a platform completely based on blockchain technology. The company announced the move during the 41st Annual International Futures Industry Conference in Florida on March 16. Overstock and its founder Patrick Byrne intend to issue shares uncontrollable by any […]