Blockchain Firm BitFury Group Expands Reach in Russia With New Office

Blockchain, Investing, News, Regulation | March 5, 2018 By:

Blockchain infrastructure provider BitFury Group has opened an office in Russia in order to bring its products to the country’s government agencies and companies.

The Russian new office will focus on sales of the company’s two main products – Exonum, a platform for creating private blocking solutions for corporations and government agencies,


Blockchain For Social Payments Explored By Russia’s Kaliningrad District

Announcements, Blockchain | February 20, 2018 By:

Russian state-owned development bank Vnesheconombank (VEB) has teamed with the Kaliningrad district in Russia to test blockchain technology for social payments and electronic services.

Kaliningrad governor Anton Alkikhanov and VEB chairman Sergei Gorkov met last week at the Russian Investment Forum in Sochi to sign the agreement underpinning the trials.


Unified Crypto Regulation Proposed By Russian PM Dmitry Medvedev

News, Regulation | February 5, 2018 By:

Russian Prime Minister Dmitry Medvedev said that cryptocurrency regulation should be common across the Eurasian Economic Union (EAEU). The EAEU’s members are Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia.

Speaking at the Digital Agenda in the Era of Globalization forum in Kazakhstan, Medvedev urged that “We should not be focused only on national policy … Let us pay serious attention to it as our economies are far too closely linked.


Blockchain Commercial Bonds Transaction Completed By Russian Depository

Blockchain, FinTech, Innovation, News, Regulation | December 29, 2017 By:

The National Settlement Depository of the Russian Federation (NSD) has successfully completed the country’s first transaction issuing commercial bonds based on blockchain technology.

In October, The NSD partnered with mobile network operator MegaFon and Raiffeisenbank Russia for the issuance and initial placement of the blockchain commercial bonds on the Russian market.