Tag: russia

Russian Deputy Prime Minister: Draft Crypto Legislation Won’t Be ‘Significantly’ Edited

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Russia’s cryptocurrency legislation draft won’t be dramatically changed, according to deputy prime minister Maxim Akimov. Maxim Akimov, the deputy prime minister of Russia, announced that the authors of Russia’s draft cryptocurrency legislation were not planning on making any changes to the bill. His statement was reported by Russian information agency Finmarket, which specializing on the […]

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Harvard Economist: Bitcoin’s Future Value More Likely to Be $100 Than $100K

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Ex-chief economist of the IMF and Harvard University Professor of Economics and Public Policy Kenneth Rogoff has characterized Bitcoin as “a lottery ticket.” The former chief economist of the International Monetary Fund (IMF) has characterized Bitcoin (BTC) as “a lottery ticket,” in an article for major United Kingdom daily broadsheet The Guardian Dec. 10. Writing […]

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Over-the-Counter Trading as the Latest Battleground to Secure Institutional Investment

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As Coinbase and Poloniex open up dedicated investor accounts and Russia’s state-owned bank conducts a large over-the-counter transaction, OTC trading takes center stage in attracting institutional investors With the increasing trend for major financial institutions to invest in Bitcoin, United States crypto exchange and wallet provider Coinbase announced the launch of over-the-counter (OTC) trading for […]

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Huobi Opens First Russian Office in Partnership with State Bank’s Digital Tech Center

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Huobi has launched its first branch in Russia in partnership with local state-owned VEB bank’s blockchain and crypto center. Singapore-based cryptocurrency exchange Huobi has officially launched its first branch in Russia on Thursday, Dec. 6, according to a press release shared with Cointelegraph today. The Moscow-based exchange, dubbed Huobi Russia, is established in partnership with […]

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Blockchain and Crypto in the Labor Market: Overview of Salaries, Taxes and the Most In-Demand Jobs

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Job seekers’ interest for positions related to blockchain and cryptocurrency has declined, while employers’ interest only rose in 2018. How do cryptocurrencies prices and blockchain technology development correlate with the changes in the labor market? Over the past months, the cryptocurrency market has been demonstrating bearish sentiment, with crypto prices falling to a yearly lows. […]

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Celebs and ICOs: The Makings of a Dangerous Duo

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The U.S. SEC’s move to fine celebrities for fraudulent ICO advertising tells a cautionary tale to investors and would-be advertisers. Like many different industries, Hollywood’s involvement with cryptocurrencies and Initial Coin Offerings (ICO) has become a reality and a number of celebrities have looked to capitalize on the surge in interest and potential money to […]

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Russia: Sberbank and Interros Group Conclude Blockchain-Based Foreign Exchange Repo Deal

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Interros Group and Sberbank in partnership have carried out an OTC foreign exchange repo deal on blockchain. Sberbank and Interros Group have carried out an over-the-counter OTC foreign exchange repurchase agreement (repo) transaction employing smart contracts on a blockchain, Reuters Russia reports Nov. 30. The Interros Group is a Moscow-based private equity firm founded by […]

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