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Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble

News Russia’s president Vladimir Putin has reportedly ordered the issue of the national cryptocurrency, the “cryptoruble.” The Russian Minister of Communications and Mass Media has revealed some details of this new currency.Also read: Putin Confirms Russia Will Regulate CryptocurrenciesPutin’s Executive OrderNikolay Nikiforov.Russia’s

Putin Confirms Russia Will Regulate Cryptocurrencies

Regulation Following the meeting with Vladimir Putin, Russian regulators announced that cryptocurrencies will officially be regulated in Russia. The central bank and the finance ministry will now work together to come up with one draft law to provide a basic regulatory framework for cryptocurrencies including bitcoin, which is expected by the year’

Two More Bitcoin Startups Reveal Hard Fork Contingency Plans

News This week two more bitcoin-based businesses announced their company’s stance towards the upcoming 2MB hard fork this November. The fork will be implemented by the Segwit2x (BTC1) working group roughly around Saturday, November 18, 2017. The two firms Xapo and Surbtc explained to their customers how they would handle the consensus change that


India Trials a Power Grid on the Blockchain to Incentivize Sustainable Energy

Access to reliable energy is the foundation of economic development and human society. Yet reliable energy can come at a steep environmental cost.Today’s energy systems are being rapidly reexamined and transformed by both private businesses and public organizations. Innovation coupled with changing policy and consumer demands has prompted The World Economic Forum’s System Initiative On Shaping


Malta to Host Blockchain Conference for Entrepreneurs, Startups and Investors

On December 7, St. Julian’s will host the event for all those interested in blockchain and cryptocurrencies in terms of business – Blockchain & Bitcoin Conference Malta. Its participants include entrepreneurs, investors, consultants and IT specialists working with blockchain and digital currencies.The event will be attended by representatives of the Government of Malta. At the beginning of

Singapore to Regulate Crypto-Based Businesses, Not Cryptocurrency Itself

Regulation Mr. Tharman Shanmugaratnam, Singapore’s Deputy Prime Minister, Coordinating Minister for Economic and Social Policies, and Chairman of Singapore’s financial watchdog, the Monetary Authority of Singapore (MAS), has responded to a question pertaining to MAS’s assessments and regulatory intentions regarding cryptocurrencies and initial


How Blockchain Can Be the Backbone of India’s Economy, Explained

1.India is currently the seventh-largest economy in the world.It currently has an estimated population of about 1.34 bln people, or about 18 percent of the world’s population, according to the World Economic Forum. Despite its GDP dropping by roughly 5.7 percent in the quarter that ended June of this year, India remains the fastest growing large economy in the world — other than China.If estim

Government Head of IT Department Fired for Mining Bitcoin Using State-Owned Computers in Crimea

Mining Two government officials of the Crimean Council of Ministers were caught mining bitcoin using government computers and were subsequently fired. They reportedly installed “malicious software” on the government’s server and programmed over a dozen computers to mine bitcoin.Also read: Russia Proposes Adding Cryptocurrency to the Popula

Russia Proposes Adding Cryptocurrency to the Population’s Financial Literacy Strategy

News The Russian Ministry of Finance has proposed adding cryptocurrency to the country’s financial literacy strategy, which was jointly developed with the World Bank. Interest in cryptocurrency is growing in Russia, even among children.Also read: Russian Regulators Disagree on Crypto Regulation, Postpone to Next YearRussia’s Financial Litera


Former Barbados PM’s Son – CEO for Blockchain Payments Startup

Blockchain payments startup company Bitt in Barbados has announced the appointment of Rawdon Adams as its new chief executive officer as of late September 2017. The hiring is viewed as part of the firm’s strategy to add weight to its plans in the region.In a statement, Bitt supporter Overstock’s Medici Ventures President Jonathan Johnson said that Adams is the right leader to advance the compa