The latest high-profile member of the EEA, Standard Chartered is eyeing blockchain technology for a number of use cases, some of which are already live. International banking group Standard Chartered has become the latest member of a blockchain standard-building organization, the Ethereum Enterprise Alliance (EEA). In a press release issued on Nov. 6, Standard Chartered […]
Continue Reading
Waves founder Alexander Ivanov sold his stake in the firm’s blockchain project Vostok, with GHP Group becoming the sole owner. Founder of token issuance platform Waves has fully sold his stake in the firm’s blockchain spin-off Vostok to focus on the Waves Platform. Alexander Ivanov, CEO and founder of Waves, sold his stake in the […]
Continue Reading
Crypto was a hot topic at a forum featuring Russia’s top people from the economic sector. Last week, an annual forum featuring Russia’s top people from the economic sector was held in St. Petersburg, and cryptocurrencies were a hot topic there. Notably, government agents and state-controlled businesses were vocal about their interest in blockchain, but […]
Continue Reading
Russia may join a list of countries with an offshore crypto zone with a plan to build its own on an island. Last week, Russian officials revealed plans to build a major financial center on an island in the Far East, which would cater to cryptocurrencies, among other things. Notably, the creation of special economic […]
Continue Reading
The CEO of the Russian state-owned bank considers bitcoin a “technical instrument for transactions,” rather than a type of investment. The CEO of state-owned Russian bank Sberbank has officially confirmed the institution’s decision to not develop crypto-related services, local financial publication Banki.ru reports on June 7. Herman Gref, Sberbank CEO and a former minister of […]
Continue Reading
Aleksandr Konyuk said cybercrime was impacting peoples’ everyday lives and jurisdictions should study areas such as crypto as a result. Belarus’ general prosecutor has raised concerns about the role cryptocurrency could be playing in tax evasion, local daily news outlet TUT.by reported on June 4. Speaking as Belarus hosted the International Prosecutors Association’s regional conference, […]
Continue Reading
Russia’s state-owned Sberbank suspended a crypto initiative due to the negative stance of the central bank. Russia’s largest bank, the state-owned Sberbank, has suspended its crypto-related plans due to the central bank’s negative stance on the industry, local news agency TASS reports on May 30. Sberbank vice president Andrey Shemetov has reportedly revealed the news […]
Continue Reading
Nikolai Arefiev, a senior official in the Russian State Duma, argued that cryptos were created to hide money from the government. A senior official in Russia’s parliament, the State Duma, has argued that cryptocurrencies have the potential to ruin governments, Russian financial media agency Rambler reported on May 20. Nikolai Arefiev, a member of the […]
Continue Reading
Russia’s largest bank Sberbank has asked a client to provide detailed information on their cryptocurrency revenue. Russia’s largest bank Sberbank has requested that a client provide information on their income from cryptocurrency, the Russian version of Forbes reported on May 17. Co-founder of cryptocurrency trading platform Toxenbox.io, Vladimir Smerkis, told Forbes that the unnamed client […]
Continue Reading
Russian state-owned tech giant Rostec has partnered with blockchain company Vostok to improve operational systems. A subsidiary of Rostec, a Russian state-owned high-tech conglomerate, has partnered with blockchain platform Vostok, major Russian news agency Tass reports on Feb. 14. The joint agreement was signed by Rostec subsidiary National Center for Informatization (NCI) and tech company […]
Continue Reading