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Russia

Blockchain will provide best solution to Russia’s settlement problems, banking expert says
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18 March, 2023

Blockchain will provide best solution to Russia’s settlement problems, banking expert says

First Deputy Chairman of the Board of Sberbank Alexander Vedyakhin described distributed ledger technology as the future of the banking...
Russian bank issues first blockchain-based bank guarantee in Chinese yuan
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7 March, 2023

Russian bank issues first blockchain-based bank guarantee in Chinese yuan

Moscow Credit Bank guarantee was issued on the Masterchain blockchain platform and was denominated under Chinese yuan worth around $144,600.
UK’s Christopher Emms denies arrest in Russia over alleged involvement with North Korea
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25 February, 2023

UK’s Christopher Emms denies arrest in Russia over alleged involvement with North Korea

The British national stresses there is no truth to the allegations the U.S. throws, pointing out that information gathered by...
4 Forsage founders indicted in Oregon over $340M Ponzi scheme
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25 February, 2023

4 Forsage founders indicted in Oregon over $340M Ponzi scheme

The founders paraded Forsage as a DeFi investment platform that could give lucrative returns on deposits and claimed that the...
Bank of Russia to pilot digital ruble with real transactions in April
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24 February, 2023

Bank of Russia to pilot digital ruble with real transactions in April

For the first time, Russia will move ahead with its central bank digital currency pilot program involving 13 banks and...
Bitriver to open 100 MW mining facility following subsidy from Russia
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17 February, 2023

Bitriver to open 100 MW mining facility following subsidy from Russia

Russia is capitalizing on most countries’ anti-mining stance and is directly supporting the construction of a $12.3 million mining facility...
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