Cointelegraph reviews a digital art show inspired by a series of articles examining the space where cryptocurrency and climate change collide. Selva Ozelli is an international tax attorney and regular contributor to Cointelegraph. She gives her expert opinion on a range of subjects, including how cryptocurrency and blockchain technology can both positively and negatively impact […]
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Telegram CEO Pavel Durov donates 10 BTC to a Russian charity project backed by a local political activist. Pavel Durov, founder and CEO of popular messaging app Telegram, has purportedly resumed his charity activity soon after terminating Telegram’s blockchain project. Known for philanthropic activity, including a $1 million donation to Wikipedia, Durov has donated 10 […]
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The Central Bank of Russia is intending to use a local, FSB-approved blockchain for its upcoming e-mortgage project. The Central Bank of Russia is reportedly developing a digital mortgage platform powered by a domestically developed blockchain called Masterchain, local state-owned news agency Ria reported on May 28. According to Olga Skorobogatova, first deputy governor at […]
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Russia’s biggest bank is spending more than $100 million on 5,000 blockchain enabled ATMs … that are capable of mining cryptocurrency. Russia’s largest bank, Sberbank, has called for tenders to provide 4,917 ATMs with a built-in graphic card capable of supporting “blockchain operations”. Cointelegraph spoke with two experts who said the most obvious use case […]
Continue ReadingCiting the increase in illicit crypto-related activities, the provincial government of Sichuan moves to stamp out 10% of the global Bitcoin hashrate. The government of China’s Sichuan province moves to stamp out Bitcoin (BTC) mining activity, citing that growing cryptocurrency prices have led to the escalation of illegal activity under the guise of mining. Sichuan […]
Continue ReadingThe Ministry of Digital Transformation of Ukraine published crypto draft law “On Virtual Assets” in response to FATF’s June 2020 deadline. Ukraine is getting closer to providing a legal status for cryptocurrencies like Bitcoin (BTC) with a new draft bill published on Monday. On May 18, the Ministry of Digital Transformation of Ukraine published a […]
Continue ReadingRussian politicians suggest fines and prison terms of up to 7 years for illegal issuance and use of cryptocurrencies. Russian lawmakers have suggested punishments of up to 2 million rubles ($27,800) and seven years in prison for illegal turnover of digital assets and cryptocurrencies. As reported by the Russian business channel, RBC, the draft amendments […]
Continue ReadingBlockchain.com follows Binance in listing the Russian ruble, while local government considers strict regulations for the industry. Blockchain.com, a major cryptocurrency wallet and blockchain data provider, plans to support Russia’s national currency, the ruble (RUB). Although some big exchanges like Binance have introduced the Russian ruble, there is still no law authorizing circulation of crypto […]
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Raiffeisen Bank International is extending collaboration with Polish-British fintech Billon for a new form of DLT-based national currency tokenization. While global jurisdictions are progressing with central bank digital currencies, private institutions also work on digitizing national currencies. Raiffeisen Bank International (RBI), a major Austrian bank, is working on a new form of national currency tokenization […]
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Only few TON investors reportedly want to support Telegram and wait for a 110% refund until April 2021 after TON’s official termination, a new report says. On May 12, Telegram officially terminated its involvement in its planned blockchain project, the Telegram Open Network, and its corresponding GRAM token. Apparently ending its long-running legal battle with […]
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