#bitcoin

Bitcoin and blockchain have recently become the most discussed issue in Ukrainan fintech sector. As government institutions gradually become loyal to cryptotechnologies, local community becomes more active, and more and more merchants at least consider accepting bitcoin, even if they have not started accepting it yet.

The biggest Russian search engine Yandex, which acts as a local counterpart to Google within the CIS, and successfully outruns the worldwide giant across much of the former USSR, is interested in integration of bitcoin into its own payment system Yandex.Money in order to allow merchants deal with cryptocurrencies. This was announced at FinTech forum […]

Now Ukrainian residents may pay for cinema, theater, and other tickets with Bitcoins. Cryptocurrency payments for those services became possible due to event aggregator and online store 2show.mobi.

Special: Read in Russian Bitcoin advocates like Eric Voorhees compare it to gold. They emphasize that in terms of technological criteria like uniformity, severability, unit cost, longevity, and transportability Bitcoin actually excels gold.

Special: Read in Russian Following the statement by the head of the Bank of Russia concerning establishment of a working party to study the block chain technology, Russian Bitcoin community gained a true hope for soon integration of cryptocurrency in the local economy.

Elvira Nabiullina, chairman of the Central Bank of Russia, declared the bank sees the way Bitcoin market develops, and notices particular risks involved.

Special Read in Russian Bitcoin Foundation Ukraine joined Ukrainian interbank association EMA and is going to introduce Ukrainan BitLicense project at a Ukrainian National Bank meeting.

As recently as a week ago Sverdlovsk Oblast court discharged the order to ban several sites on cryptocurrency, thus encouraging local bitcoiners to celebrate this small yet important victory.