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New Plant to Assemble Mining Rigs in Belarus

Mining Plans to build a new manufacturing facility for mining equipment have been announced in Belarus. It will be situated in the Chinese-Belarusian Industrial Park, currently under construction in the “Velikiy Kamen” special economic zone. The plant will be assembling mining rigs with cooling systems utilizing excess heat. Also read: Two Russia

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Without Mentioning Blockchain, Putin Says That Russia Must Stay Ahead In Technology

During a meeting with Herman Gref, the president of Russia’s largest bank Sberbank, Russian President Vladimir Putin spoke about the importance of not falling behind in Blockchain development.Sberbank already introduced Blockchain in their document transfer and storage systems by partnering with Russia’s Federal Antimonopoly Service (FAS) in December of last year. The bank is also reportedly s

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UK: Bank of England Researching Digital Currency, No Plans To Launch

Despite rumours to the contrary, the UK government have announced that they will not be following the likes of Venezuela in launching their own digital currency for now. Whilst the Bank of England are indeed studying the implications of centrally-issued electronic currency, a government minister has stated that there are no plans in the immediate future to launch their own.Government Respond to Op

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CAC, a Dark Horse in Asia’s Booming Blockchain Market

On February 16, 2018, the first ever Digital Currency Blockchain Forum was held in Almaty, Kazakhstan, during which, CAC, the high-profile Credit Asia Chain, was officially launched with a star-studded team and advisory committee spanning from blockchain experts, to consumer finance veterans, and government officials.What is CAC

Finance Ministry Employees Caught Mining Cryptos in Kazakhstan

Mining The Ministry of Finance in Kazakhstan has announced measures to improve security and oversight in its IT department after catching four employees mining cryptocurrencies on its servers. Joking that the miners have taken over the central bank’s main duty – money emission, a deputy called for crypto regulations. The National Bank is actually

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Moscow Man Mutilated And Mugged For $1 Million In Bitcoin, Local Sources Report

A cryptocurrency investor fell victim to unidentified assailants in Moscow who reportedly disfigured him and stole over $1 mln worth of Bitcoin, today, Feb. 23, according to local crypto journal Forklog.According to Forklog, the victim, who has not been named, was in the southern district of the Russian capital when a group of muggers stopped him and demanded he transfer his holdings.When he refus

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Moscow Man Mutilated And Mugged For $1 Million In Bitcoin, Local Sources Report

A cryptocurrency investor fell victim to unidentified assailants in Moscow who reportedly disfigured him and stole over $1 mln worth of Bitcoin, today, Feb. 23, according to local crypto journal Forklog.According to Forklog, the victim, who has not been named, was in the southern district of the Russian capital when a group of muggers stopped him and demanded he transfer his holdings.When he refus

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Turkey Considers National Crytpocurrency in the wake of El Petro

Statements from both Iran and Turkey suggest that the two countries are about to launch a national cryptocurrency, stressing the need for strong regulation.Following in the Wake of El PetroAs Venezuela’s El Petro raised over $700 million dollars in its first round of private funding, President Modoru took the podium the next day to announce the countries follow up, Petro Gold.Instead o

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Moscow Looks to Blockchain for Fair Elections

The city of Moscow is looking to evolve their Active Citizen polling network to log votes in upcoming elections. Thus making the election process transparent to all and tamper-free.Active Citizens Decide for ThemselvesAs the white house continues to deny any allegations of collusion with Russian hackers and the FBI doggedly turns over more and more evidence of Russia’s influence on the 2016 elec

Centralized Cryptoruble Not Possible, Minister Tells Putin

Blockchain The Russian Ministry of Finance is not against a national cryptocurrency, provided the state does not participate in it. The creation of a centralized coin, like the cryptoruble, seems impossible, as cryptocurrencies are based on decentralized ledgers, Finance Minister Anton Siluanov told President Putin, according to Russian media.  

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