Currently, both Iran and Russia face sanctions from the United States. An assortment of other countries have placed sanctions on the two nations as well. Sanctions hurt a given country by limiting the transactions they can make with other nations. For obvious reasons, each country would prefer to not be…
4 posts tagged
Russia
Bitcoin Hangs on to a Bit of Hope in Russia
Russia is in a love-hate relationship with cryptocurrencies and their previous ban didn't help things. Since the supreme court of Russia is now reviewing the ban, there may be hope for legal dealers to once again have a presence in one of the world's largest markets. The drama in Russia…
New Cryptocurrency Mining Farm to be Located in Siberia
It was recently announced that a new cryptocurrency mining farm will be created in Krai located in Siberia. This mining farm will be one of the largest of its kind in the entirety of Russia according to the director general of BitBaza, a cryptocurrency mining company. The company reportedly chose…
ICOs Have Potential for Inventors, Claims Russian Bank Official
Initial coin offerings or ICOs gained support from Russia’s central bank recently. Sergey Shvetsov feels ICOs have tremendous potential for business startup and entrepreneur funding. The first deputy governor of the Bank of Russia, Sergey Shvetsov, claims the bank will support the advance of ICO fundraising in Russia. TASS,…