Russia Leads Multinational Stablecoin Initiative

Russia is taking the lead in issuing a multinational stablecoin backed by commodities with the Eurasian Economic Union, or EAEU, and BRICS countries. Russian President Vladimir Putin is the most influential person in the blockchain industry, according to Changpeng Zhao, the CEO of major cryptocurrency exchange Binance, which added five trading pairs: Binance Coin (BNB), […]

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Russia: CEO of Banking Giant Sberbank Says Blockchain Tech Will Be ‘Ready’ in 3-5 Years

Sberbank’s CEO says governments are not ready to give way to decentralized currencies – at least not within the next 10 years. Herman Gref, CEO of state-owned Sberbank – Russia’s largest banking conglomerate – believes that global governments won’t “let go” of centralized models to “allow” decentralized cryptocurrencies to flourish within the next 10 years, […]

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Russia: Sberbank to Consult Power Giant Rosseti on Blockchain in Tech Exchange Deal

Technologies like blockchain form one of the focuses of a new partnership between major Russian bank Sberbank and energy giant Rosseti. Russia’s largest majority state-owned bank Sberbank has signed a partnership agreement with state-owned power giant Rosseti to propagate new technologies, a press release confirms Friday, October 5. The latest step in Sberbank’s ongoing engagement […]

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