Tagged: russia

Russian Finance Ministry to Suggest Collecting Taxes on Mining of Cryptocurrency

On Thursday, Deputy Minister Alexei Moiseev announced that the Russian Finance Ministry has reportedly suggested collecting taxes on mining of cryptocurrencies. This tax will be introduced through a new draft law, which was announced earlier this week. According to Russian media outlet, TASS, while sharing details… Read More

Russia Prepares Law on Regulation of Cryptocurrencies & ICOs

According to a report in TASS, the Russian Ministry of Finance has prepared a draft law that will regulate cryptocurrencies. The basis of the report was an interview of the Russian Finance Minister Anton Siluanov for Rossiya 24. Siluanov was quoted saying: “The Ministry of Finance has… Read More

Starta Publishes Report on ICOs: “Hybrid Capital: The Future of Venture in the ICO Era”

Starta Ventures has published a report on venture capital in regards to the emerging Initial Coin Offering ecosystem.  Entitled, “Hybrid Capital: The Future of Venture in the ICO Era.” The e-book, authored by Alexey Girin and Ekaterina Dorozhkina, is available for download on Amazon but you… Read More

Waves Will Announce New Platform with Major Upgrades

Waves is set to release a new and improved blockchain platform following 18 months of development. The launch of the Waves Client 1.0 will take place today bringing a redesigned client to users. The Waves Platform is primarily designed to support the issuance, trade and exchange… Read More

Finstar to Enter Asia Pacific Region with $50 million Investment Commitment for Fintech

Asia is a hotbed of innovation when it comes to Fintech disruption. China is the largest Fintech market in the world and both Singapore and Hong Kong are battling to become the leading Fintech hub for alternative finance. This is not to mention Australia which… Read More

Mintos, an Online Marketplace for Loans, Adds First Russian Loan Originator to Platform.

The Mintos marketplace for loans has added its first Russia based loan originator: EcoFinance. The online lender offers investments in unsecured personal loans issued in Russia under its CreditPlus brand. Mintos reports that EcoFinance loans on its marketplace will initially be listed in Euros with… Read More

Brief: Sberbank Initiates Pilot Blockchain Payment, Partners with MegaFon, MegaLabs, Alfa-Bank & IBM

Sberbank, Russia’s largest bank which  almost one third of aggregate Russian banking sector assets, is the key lender to the national economy and the biggest deposit taker in Russia. The bank has now spearheaded a Russian banking industry first: a pilot blockchain payment transaction. The transaction used… Read More

Russian Minister Believes Bitcoin Will Never Be Legalized in the Country

Earlier this week, Russian Minister of Communications and Mass Media, Nikolai Nikiforov revealed that he believes Russia will never legalize bitcoin. According to TASS, the government-run media outlet, Nikiforov shared his thoughts about bitcoin by stating:: “Bitcoin is a foreign project for using blockchain technology, the… Read More

INS Integrates Bancor Protocol into System, Offering Inter-Chain Liquidity to Token Holders

INS, the decentralized ecosystem for the grocery market, today announced integration of the Bancor Protocol, a standard for autonomously convertible blockchain cryptocurrencies, to offer inter-chain liquidity to INS holders via Bancor’s Smart Tokens. INS will create a unique type of Smart Token called a Token Relay… Read More

Sberbank and SWIFT to Cooperate on Fintech, Including Blockchain

Sberbank and SWIFT have signed a memorandum of cooperation to develop and market Fintech products created and promoted by SWIFT. Sberbank is Russia’s largest bank and holds almost one third of aggregate Russian banking sector assets, it is the key lender to the national economy… Read More

Russian National Settlement Depository Creates Blockchain Based Confidentiality Solution

Russia’s central securities depository, the National Settlement Depository (NSD), shares that it has created a Blockchain based confidentiality solution. NSD says this opens prospects for implementation of blockchain-based corporate solutions across a broader realm of services. NSD says it took half a year for its development… Read More

Sberbank, Russia’s Largest Bank, Announces Payment Solution

Sberbank and Telegram have announced the development of a new payment solution for partners using Telegram bots. The solution is described as allowing the acceptance of MasterCard, Visa and MIR card payments. The development also marks the first time Apple Pay and Android Pay can… Read More

Whoppercoin Loyalty Program: Burger King Russia Using Waves Platform’s Distributed Ledger Technology

  Burger King Russia’s adoption of Waves Platform for its loyalty program shows that Distributed Ledger Technology could one day become as mainstream as burgers and fries. Fast food giant Burger King Russia has announced its new blockchain loyalty program, hosted on the Waves platform. Whoppercoin –… Read More

Latvian P2P Lender TWINO Adds Second Russian Originator

Latvian peer-to-peer lending platform TWINO has reportedly added a second Russian originator to its platform since its December 2016 launch. According to P2P Finance News, over 40% of TWINO’s investors have funded Russian loans. While sharing more details about its Russian expansion,  Jevgenijs Kazanins, P2P… Read More

Waves & the National Settlement Depository Partner on Blockchain Project to Support Digital Assets

The National Settlement Depository (NSD), Russia’s central securities depository, and Waves Platform, have partnered on the creation of a Blockchain based platform to support digital assets. The new platform architecture will be designed to securely host and store tokenised and crypto assets, settling transactions and… Read More

NSD Teams Up With Waves to Develop New Crypto Assets Platform

Russia’s central securities depository, The National Settlement Depository (NSD) announced on Friday it is teaming up with Waves Platform to develop a new blockchain platform to support digital assets. The duo revealed that the new platform will securely host and store tokenized and crypto assets,… Read More

Oleg Boyko’s Finstar Will Invest $150 Million into Fintech

Finstar Financial Group has announced it will dedicate $150 million into Fintech startups over the next five years. Finstar is a private equity founded by Oleg Boyko who launched the firm in 1996. Finstar invests in IT, consumer retail and real estate. In recent years… Read More

South Korean Fintech Startup Paycock Set to Bring Mobile Payment Service to Russian Financial Market

South Korean fintech startup Paycock has reportedly signed a business MOU with AEB IT, a Russian financial IT corporation, and will now begin to commercialize its mobile payment solution into the Russian financial market. Paycock Check is described as a mobile payment service that does… Read More

Hanging Ten: Deloitte CIS Partners with Waves to Provide ICO and Blockchain Solutions

Deloitte CIS and Waves Platform, a leading developer of blockchain solutions, signed a memorandum on strategic partnership. The partnership is aimed at providing clients with comprehensive ICO services and customized blockchain solutions tailored for specific business tasks. Waves Blockchain Platform will provide technology solutions for the introduction… Read More

Primalbase ICO Hits 3100 BTC in Just 24 Hours on Waves Platform

Primalbase is the next company to quickly complete an initial coin offering (ICO) on the Waves platform. This took place last week but Primalbase reportedly raised 3100 BTC is a bit over 24 hours. At this very moment, that equates to around $7.6 million. Waves reported… Read More