Officials Push Ahead Despite Concerns With West Virginia’s Blockchain Voting Experiment

West Virginia is gearing up to deploy a blockchain-based voting application for elections in November. The idea is being met with growing amounts of criticism from security experts and election specialists, but those spearheading the initiative are moving forward.  Earlier this year, Bitcoinist reported on West Virginia’s ambitious plans to bring blockchain to voting. In […]

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Russia Developing Cryptocurrency Tracker – Bitcoinist.com

The Federal Financial Monitoring Service of Russia (Rosfinmonitoring) has commissioned an analytical tool for monitoring cryptocurrency transactions. The system will particularly focus on bitcoin, as reported by BBC’s Russian service. Plug In, Baby Rosfinmonitoring, whose responsibilities include countering financial fraud and terrorist financing, already use a bespoke Unified Information System. This allows for the input […]

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QIWI Payment Network CTO ‘Mined 500,000 Bitcoins’ In 2011 Before Losing Them

The former CTO of Russian electronic wallet and payment network QIWI once had a personal wealth of half a million bitcoins — but lost them. 3 Months, 4.1 Billion USD The extraordinary claims came to light as part of an interview with CEO Sergey Solonin, who told the audience during a Moscow lecture on July 25 […]

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From Russia with Love: How Cryptocurrency and Blockchain are Finding Their Feet

Denis Vinokourov · May 23, 2018 · 9:00 pm In the West, crypto markets continue to battle with the regulatory uncertainty as the SEC and other regulatory bodies take their time to decide which camp they sit on. At the same time, things are not much rosier in the East either where China is yet […]

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Russia: ‘Blockchain Will Belong to Us’

Ashour Iesho · May 3, 2018 · 12:00 am The government of Russia is making concerted efforts to dominate the fledgling blockchain technology industry.  Blockchain to Belong to Russia Many companies and countries around the world have expressed their interest in blockchain technology. One of the major players in this innovative new technology is Russia. […]

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Russia: Telegram Ban Failure Shows Banning Bitcoin is Impossible

Wilma Woo · April 19, 2018 · 10:30 am Amid chaos and mass complaints, the Russian government may have to “ban Bitcoin” in order to successfully ban Telegram. Telegram Shrugs Off Failed Censorship The ‘solution’ to the seemingly impossible task of stopping Russian users accessing the encrypted messenger app underscores the crude reality of censoring […]

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Russia’s Blockchain Legislation Could Be Ready in a Few Months

Nikita Blows · March 26, 2018 · 12:00 pm Cryptocurrencies aren’t the only technology getting the regulation treatment in Russia. The country has stated that a legislative framework for blockchain technology could be implemented within the next few months. Russia has made no secret of the fact that they are not cheerleading the decentralized cryptocurrency […]

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Vladimir Putin Endorses Blockchain: Russia Can’t Be ‘Late In The Race’

Russian Federation President Vladimir Putin endorsed blockchain technology during a meeting on Sunday with Herman Gref, the president of Sberbank, Russia’s largest bank. ‘We Need Professionals in This Field’ Gref, who said his bank would implement blockchain into its business, suggested to Putin that the Russian government should include blockchain technology in education and professional […]

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Russia Is Spearheading Global ICO Regulations But Can It Ever Work?

Samuel Rae · December 1, 2017 · 1:45 pm The Russian Association of Blockchain and Cryptocurrency is trying to establish a network of regulators for the ICO space but – whatever they achieve – doubts remain as to whether it can ever be totally effective. The part that various global nations will play in the […]

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