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Bitcoin Will Be Legal In Russia, Mining to Be Regulated

As Russian works on legislation on the trade of Bitcoin and other cryptocurrencies, there’s a possibility that mining could be criminalized.Not in the straightforward sense, according to deputy finance minister Aleksey Moiseev as quoted by RT:"The penalties will be different, mostly administrative, but if someone created the cryptocurrency for the purpose of settlements, then there will be a cri

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Indonesia to Ban Bitcoin transactions; Price Remains Unaffected

As the western world wakes up to the potential of blockchain technology and more institutions recognize it, the countries of Asia remain skeptical. The Asian trading session is always a good indicator of how the rest of the day is going and today BTC surpassed $14,000 for the first time. Many nations of Asia including Japan, Korea, Singapore, and Thailand fully support and embrace Bitcoin and cryp

Russian Presidential Candidate: ‘We Will Legalize Bitcoin and Other Cryptocurrencies’

Featured A recently-announced Russian presidential candidate, Boris Titov, is a bitcoin advocate. He promises to legalize bitcoin and other cryptocurrencies if elected. Titov is friends with President Vladimir Putin and heads up his efforts to fight corruption. He has also repeatedly advocated for the legalization of bitcoin in Russia, suggesting the

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Bitcoin Is 6th Largest Currency In The World By Circulation

Bitcoin is now the sixth most circulated currency in the world, behind five super powers, and outranking the Pound, the Ruble, and the Won, according to the Bank for International Settlements. The figure is based on a value of Bitcoin at $10,765 each, meaning that the total value of all Bitcoins in circulation is $180 bln.While the number is substantial, should Bitcoin rise to $15,0

President of Belarus Expected to Sign Decree to Legalize Cryptocurrencies

Regulation A draft decree on the Belarusian High-Tech Park which would legalize cryptocurrencies is awaiting the president of Belarus to sign into law. Among other provisions, if the law is passed, cryptocurrencies and initial coin offering (ICO) tokens will be approved for circulation. In addition, exchanges can trade rubles for cryptocurrency, ICOs

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First CryptoTenge, Now State Association: Kazakhstan Wakes Up To Cryptocurrency

Kazakhstan is considering state licensing of a Blockchain and cryptocurrency lobby group to promote usage and acceptance of the emerging technology.As local news outlet Astana Times reports referencing Kapital.kz, the Blockchain and Cryptocurrency Association has applied for recognition from the country’s government as a legal entity to begin official activities.Kazakhstan has already taken vari

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Don’t Ban Bitcoin – Russian Banker

Bitcoin and various altcoins have endured turbulent times in Russia as the government continually changes its stance on cryptocurrencies.Last month, Russia announced that it would be issuing its very own cryptocurrency which would be regulated by its very own authorities. ‘Cryptoruble’ cannot be mined, but people would be able to trade the virtual currency with Russian Rubles.A little ove

Bitcoin ATMs Prompt Audit From Prosecutor’s Office of Russian Republic

Regulation In Tatarstan, a republic of the Russian Federation, the prosecutor’s office has “warned [a] businessman against violation of the law in connection with [his] installation of terminals for the exchange of cryptocurrencies.” The cryptocurrency ATMs in question had been installed in Kazan, the republic’s capital.Also Read: Exchan

This Week in Bitcoin: Failed Forks, Atomic Swaps, and a Little Trouble in Big China

Featured In the first of a new series, we recap the juiciest stories from the past seven days. While trolls have trolled trolls and forkers have forked forks, we’ve bypassed the bitcoin bickering to focus on the news that matters. So nestle up close to your solo mining rig for warmth and get comfy as we reheat the finest morsels from this week in B

Putin Advisor Bearish on Bitcoin: ”The Cryptoruble Must Compete With Cash”

News Russia’s deputy finance minister has suggested that the name of the country’s national cryptocurrency should be changed from “cryptoruble” to “cyber-ruble”.  He is expecting “a large-scale correction” of bitcoin’s price and hopes to see a decline in interest in the cryptocurrency. Meanwhile, the first proposal for the cryp

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