Details of Russia’s national stablecoin have surfaced. On November 7, the chairman of Russia’s State Duma Committee on Financial Markets announced details of the “CryptoRuble,” a long-discussed government cryptocurrency project. Specifically, the official said that a state-backed stablecoin would be a complete equivalent to the Russian fiat ruble, but in a digital space. Russian […]
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The head of major Russian bank Sberbank says blockchain technology will be adopted globally on an industrial scale in 1-2 years. The head of major state-owned Russian bank Sberbank has forecast that blockchain adoption will happen on an industrial scale in one to two years, local news agency TASS reported Nov. 13. Speaking to journalists […]
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The prestigious State Tretyakov Gallery in Moscow is launching a blockchain-based art patronage scheme. The prestigious State Tretyakov Gallery in Moscow, Russia, is launching a blockchain-based art patronage scheme, Russian news agency TASS reports Nov. 15. The project, dubbed “My Tretyakov,” allows individuals or enterprises to make a private donation to contribute to the digitization […]
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Acting U.S. attorney general Matthew G. Whitaker is being scrutinized for putting his weight behind an alleged scam that touted a pseudo time travel crypto, among other inventions. Acting U.S. attorney general (AG) Matthew G. Whitaker has come under fire for his association with an allegedly fraudulent patent company that involved cryptocurrency, U.S. news journal […]
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A recent poll of Moscow residents found that, among respondents who use non-cash payment methods, five percent expressed interest in using cryptocurrencies. Five percent of Moscow residents who use non-cash methods of payment are open to using cryptocurrencies, according to a recently conducted survey, Forbes Russia reported Nov. 13. The investigation into the e-payment market […]
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A further player has entered the crypto malware arena in the form of Monero miner WebCobra, a McAfee Labs analysis shows. Internet security provider and research lab McAfee Labs has uncovered new malware which secretly uses consumer devices to mine Monero (XMR), a blog post confirmed Nov. 12. Dubbed “WebCobra” and originating from Russia, the […]
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The Russian branch of Raiffeisen Bank partners with major oil industry company, Gazprom Neft, and others to issue a bank guarantee via blockchain. The Russian subsidiary of Raiffeisen Bank International has partnered with local state-owned oil giant Gazprom Neft to issue a bank guarantee on blockchain, Russian business newspaper Kommersant reported Nov. 12. According to […]
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Rep. Maxine Waters, the Los Angeles congresswoman, is expected to set her sights on Wells Fargo and Deutsche Bank when she becomes head of the House Financial Services Committee in January. According to a report in the Los Angeles Times, Waters is expected to become the head of the powerful committee and told the Los […]
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The Crimean authorities are considering the creation of a blockchain-cluster within the special economic zones in Crimea. Crimean authorities are considering creating a blockchain-cluster in the form of a cryptocurrency investment fund to attract tech businesses to the territory. The cluster would be located within the special economic zones (SEZ) in Crimea and its largest […]
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The chairman of Russia’s State Duma Committee on Financial Markets has said that a state-backed stablecoin would be a complete equivalent to the Russian fiat ruble. The chairman of Russia’s State Duma Committee on Financial Markets has said that a state-backed stablecoin would be a complete equivalent to the Russian fiat ruble in a digital […]
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