The Police in Russia has confiscated 22 Crypto ATMs from stores and restaurants of 9 cities. This was done due to unregulated crypto ATM machines were operational and require regulation to run them. The order to confiscate was given by Prosecutor’s Office and Central Bank of Russia. The Reason...
Moscow capital of Russia where farmers from nearby farms cultivate wheat and barley during the season. After the harvest before the farmers sell the crops, they need to bid for trading spots in the Markets. The government of Moscow has a plan to use Ethereum to allot trading spot during...
Recently, news emerged in South Korea that the company had found the Russian ship which had sunk in 1905. The treasure on the ship was worth $ 130 billion in gold coins. Also, the company went on to further announce that the users who will sign up on its cryptocurrency exchange...
Russian Military is reportedly studying the use of blockchain in identifying and preventing different types of cyber attacks. As per the local media reports, the country is actively investigating the ledger technology and even though the construction of lab is not done, the development has already begun. In the purview...
Sberbank and Alfa Bank, in Russia, are offering cryptocurrency investment products to their customers. As a result, their customers are able to create a diversified portfolio of cryptocurrencies as well as other blockchain-based tokens. The exchanges which these banks are using are Kraken and Bitstamp. The banks are providing the...
While in many countries, there is no clarity on the income tax on cryptocurrency income, Russia it seems to be at the forefront when it comes to filing returns on the income which is made with the help of cryptocurrencies. This is one of the main reasons why individuals are...
