Trump: “I have never worked for Russia”

US President Donald Trump assured on Monday that he had “never worked for Russia” after the New York Times revelations about the opening in 2017 of a federal police investigation (FBI) to determine whether he was working for the Moscow account. “I have never worked for Russia,” said the 45th president of the United States […]

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For Russia, Trump is a “partner”

Russia sees US President Donald Trump as his “partner,” said the Kremlin on Friday, before the first summit Monday between leaders of the two countries, to be held in Helsinki, Finland. “We see Trump as our partner with whom we can negotiate,” Kremlin adviser Yuri Ushakov told reporters, hoping that contacts between the two presidents […]

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Two Russian financial institutions test the ICO platform of the Bank of Russia

Two Russian financial institutionsaim to make OICs safer and more transparent for traditional investors. To do this, the National Settlement Depository (NSD)and Sberbank CIB will lead a pilot project to implement ICO, launched by the Bank of Russia. Russia’s central bank drives the country’s first official ICO According to forecasts by Sberbank, an investment bank and National Settlement Depository, […]

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Russia: Bitcoin qualifies as “property”

A Russian court categorizes for the first time bitcoin as a “property” in a bankruptcy case. This is probably a news item for the general public, but decisions from legal authorities are always a good choice when it comes to regulating. During the trial concerning the insolvency of the accounts of Alexey Leonov whose debts amounted to 19 million rubles (~ 250,000 […]

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The Russian Central Bank will substitute its SWIFT payment for a Blockchain solution

The central bank of Russia is preparing to transfer payments on SPFS, its domestic version of SWIFT, to Blockchain, in 2019. Choose between Ethereum and a new Blockchain A source close to the Bank of Russia told Izvestiya media on May 4 that the authorities are currently studying the possibility of a Blockchain solution on which to make payments. It would be necessary either […]

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Russia creates tax haven in Crimea, in response to US sanctions

The United States adopts strict economic sanctions against Russia. Meanwhile, the Kremlin seeks to overcome financial barriers by using cryptocurrencies. Good news for Cryptocurrencies on the side of Crimea Anatoly Aksakov, President of the Financial Markets Committee Anatoly Aksakov, the chairman of the Financial Markets Committee of the Russian State Duma supports the idea of a tax haven […]

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Telegram is banned in Russia

Russian justice has decided to ban Telegram instant messaging. It is the continuation of the file in the long course which poisons the relations between the application and Russia. But maybe not the epilogue. The case goes back to last year, when the FSB (successor to the KGB) requires Telegram encryption keys that would allow Russian security […]

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