Russia’s Bitcoin Advocate Says There Is No Sense to Adopt Cryptocurrency Legislation that Would Hinder BusinessesThis spring an interdepartmental working group on cryptocurrencies in Russia has started working on a bill that would legalize cryptocurrencies in the country. There are numerous rumors and talks concerning this paper, however, nobody actually has any reliable and systematic information in this regard.
Digital Rush: From Graphics Cards Mining to Cryptocurrency-Mining Heating SystemsThe word ‘mining’ has become mesmerizing for many cryptocurrency enthusiasts and those who had never heard a thing about bitcoin, Ethereum, and other altcoins. Media report that graphics cards are short on supply, while companies selling professional mining equipment can’t handle the flood of orders.
Pavel Kravchenko, Distributed Lab Co-Founder Says 99% of Startups Don’t Make a Working Product after ICOPavel Kravchenko, co-founder of blockchain company Distributed Lab, is known for his hard-hitting statements on processes within the cryptoindustry. Recently he wrote a Facebook post sharing his views about what’s happening to cryptocurrencies and ICO market in layman’s terms.
Alexander Shulgin: Cryptocurrencies Are Pioneers That Will Perish For the Future GenerationsCryptoindustry is on the march, which is hardly a secret for anyone now. Still, many officials as well as community members can’t imagine what will it be like in a couple of years, not to mention in a decade or two. For that reason ForkLog contacted renowned composer, well-known visionary and venture investor Alexander Shulgin […]
Russia Wants to Introduce Mandatory Authentication of Cryptocurrency UsersRussia’s deputy minister of finance Alexei Moiseev has stated that users who conduct cryptocurrency transactions have to be identified. According to RNS, the official also believes that cryptocurrencies could be classified as “other property” as described in the country’s civil code.
Russia’s Central Bank on Bitcoin and Blockchain: We Don’t Want to be Left BehindAccording to Alla Bakina, the head of the Central Bank’s department of national payments system, the regulator is working on applying financial technologies to create a national cryptocurrency and regulate other cryptocurrencies and exchange platforms.
Russian Central Bank Considers Cryptocurrency Trading at a Local ExchangeAccording to Sergei Shvetsov, the first deputy chairman of the Bank of Russia, a local Russian exchange may start cryptocurrency trading.
Stepan Gershuni: How ICO Might Change Cryptoindustry in Three YearsCryptoindustry is rapidly developing, which includes its part that seeks to replace venture investment and public capital markets altogether. Even projects that have nothing to do with blockchainsometimes use ICO as a way to raise funds via issuing their own token.