Russia Will Buy $10 Billion in Bitcoin, Ditch US Dollar and Become Huge Crypto Whale: Russian Economist

  According to a new claim from a Russian economist, the world's 12th largest economy is about to pour $10 billion into Bitcoin. Vladislav Ginko, a lecturer at Moscow's Russian Presidential Academy of National Economy and Public Administration, says US sanctions are forcing Russia to diversify. Chris, I believe sitting here in Moscow, Russia, ...
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Media: Payments Provider Qiwi Launches Russia’s ‘First’ Crypto Investment Bank

Qiwi Blockchain Teсhnologies (QBT) has launched a crypto investment dubbed "HASH," local news outlet Kommersant reports June 29. QBT is a subsidiary of Russia's leading payment service provider Qiwi . HASH, built on a "classic investment banking model" according to Kommersant, will provide a platform for initial coins offerings ( ICO ). Yakov Barin...
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202 Hits

Russian Hotels to Surprise World Cup Fans with Bitcoin Payments

  Football Fans will be able to pay with bitcoin for their accommodation when they visit Russia for this year's World Cup. Hotels in Kaliningrad, expecting guests from eight countries, are partnering with a local payment provider to offer the service. Booking a room for the day when England plays Belgium will cost approx. $300 in fiat. Also re...
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265 Hits

Russian Gov’t, Corporate Giants Form Joint Venture to Develop in Blockchain, IoT

Multiple Russian corporate giants, including state-owned Gazprombank, have created a joint venture that plans to develop projects in blockchain and the digital economy, local news outlet TASS reported June 9. Russian telecom company MegaFon, Gazprombank, government corporation Rostec, and the USM Group have created a joint venture – referred to as ...
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273 Hits