Overnight into Wednesday, December 21, bitcoin price has reached its maximum since February 2014 following the new spate of activity on the side of Chinese investors, effectively surpassing $800.
Today ShapeShift.io, a blockchain asset exchange platform, has partnered with online bitcoin-enabled marketplace OpenBazaar via their integration of the ShapeShift Shifty Button.
Over the past week, the volume of bitcoin transactions on LocalBitcoins in Ukraine has reached its all-time high peaking at 2,283,083 hryvnias (almost $87,000.)
Ukrainian Exchange JSC has announced imminent launch of Bitcoin futures trading, starting from Monday, December 19.
Elman Mekhtiyev, executive VP of the Russian Banking Association, believes that implementing blockchain in processes that are already working fine makes little sense. According to Mekhtiyev, it’s too early to say the technology would prevail until there is a particular case where blockchain is better than centralized solutions.
One of Russia’s biggest banks, Alpha Bank, has introduced a mobile app Potok that allows recording online interviews while applying for a loan. The app was created in cooperation with BlockNotary, a blockchain startup developing tools to solve problems related to compliance with KYC and AML requirements.
Russian National Settlement Depository Blockchain Project Nominated for Futures & Options World Awards
Russia’s National Settlement Depository (NSD) blockchain-based project for e-voting (E-proxy Voting) has been nominated for Futures & Options World (FOW) International Awards in the ‘Best New Technology Product’ Category.
Russian payments processor QIWI could introduce blockchain technology in power industry companies in 2017. As reported by RNS, the pilot project is currently being under development in association with Crimea-based Taurida Electric.