Russian Central Bank: Evolution of Fintech Companies Will Cause Bank Affiliations to DisappearDevelopment of financial technologies and fintech companies will optimize the Russian banking network, while the banks themselves will be engaged in creating infrastructure for fintech companies providing various services to their customers. This is the brief extract of the speech given at Fintech Lab 2016 on June 28 by Vadim Kalukhov, director for financial technology […]
Russian Central Bank Insists Bitcoin and Blockchain Are SeparateVadim Kalukhov, Head of newly established Department of Financial Technologies, Projects, and Process Organization of the Bank of Russia, has confirmed the regulator’s interest for blockchain technology. Kaluhkov, however, insists that terms “bitcoin”, “blockchain” and “distributed ledgers” shall be considered separately. He said that in his interview with publication FutureBanking. He added that the Central […]