#Russia

Last week Moscow hosted a meetup dedicated to blockchain technology and its implementation in the public sector. The event took place at the Presidential Administration office and was hosted by German Klimenko, Vladimir Putin’s internet advisor.

According to the statement by Alexei Moiseev, Russia’s deputy minister of finance, the ministry denounces any direct ban of bitcoin.

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.

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.

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.

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.

According to the head and founder of Kolionovo farm Mikhail Shlyapnikov, blockchanization and real-life operation of the farm in ‘friends only’ mode, the organization managed to halve its retail prices for loyal customers.

International organization called DAO Donbass is about to launch operations in Ukrainian city of Donetsk, which currently is uncontrolled by Ukraine’s government. The company’s plans suggest using bitcoin and blockchain to bypass economic sanctions imposed due to the ongoing warfare in the region.