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Russian Senator States Propagation of Cryptocurrency is Inevitable

Lyudmila Bokova, deputy chairwoman at Russian Federation Council’s costitutional committee, states that propagation of cryptocurrencies in Russia shall be deemed inevitable. For that reason, she believes, the government should consider regulating cryptocurrency instead of bannning it. Last week, the head of Russian Investigative Committee Alexander Bastrykin stated that his agency insists on introducing criminal penalties […]

Bitcoin Classic: A New Hope following the Revenge of the Hearn

Surprisingly for many bitcoin community members, Jonathan Toomim’s Bitcoin Classic proposal has garnered support from as much as 72% of the network’s mining capacity. With the consensus threshold set at 75%, the proposal is very likely to become active in no time.

Trading Shares for Bitcoins Now Available at London Stock Exchange

Bitcoin became applicable as collateral margin for trades with shares and exchange traded funds at London Stock Exchange. This functionality is available for clientelle of First Global Credit as it announced listing of respective assets as available shares.

Blockchain to be Used in Yet Another Ukrainian E-Gov Project

Yet another Ukrainian city became a testing platform for blockchain integration in government management. Speaking at Blockchain Incredible Party conference in Ukrainian city of Lviv, Oleksii Konashevych, a spokesman to the electronic democracy reforming group, stated that state services platform would employ a blockchain-based voting system.

Bitstamp Blocked for Russian Users

Bitstamp’s administration announced it had temporarily blocked access to all users from Russia.

Everything You Wanted to Know About Current State of Bitcoin in Russia (But Were Afraid to Ask)

Recent development of affairs in Russia may signify that Russian officials have divided into two camps. While usually depicted as a monolith, Russian government en masse incorporates two opposing groups, usually dubbed securocrats and techlibs (an acronym for technology liberals). The former usually have something to do with various law enforcement or intelligence agencies, while […]

Former Bitcoin Core Developer Abandons Cryptocurrency Ecosystem

Former Bitcoin Core developer and one of bitcoin’s earliest adopters Mike Hearn stated he abandoned digital currency ecosystem as it suffers from a massive crisis.

Cryptsy Admits Its Insolvency

Following the post in Cryptsy’s blog stating the exchange had been subject to a hack in July 2014, the controversies around the company has gained momentum. Loss of funds would result in inevitable bankruptcy for the company.

Head of Russian Investigative Committee Calls for Making Cryptocurrency Operations a Crime

Alexander Bastrykin, head of Russian Investigative Committee, promises to make cryptocurrency operations criminally punishable. He stated that in his interview to Russian government publication Rossiyskaya Gazeta, speaking about his agency’s combat with corruption, terrorism, cryptocurrency, and Ponzi schemes. “It is necessary to fight against varuous soap bubbles on financial market, namely finanical tools not backed […]

Russian Ministry of Finance Prepares a New Revision of Anti-Cryptocurrency Draft Law

Russian Ministry of Finance has finalized its own draft law concerning the ban of so-called ‘money surrogates’. It intends to submit it to the government’s reviewing. The ministry proceeded with development of the draft law as eary as August 2014. However, the document received numerous criticisms and was revised several times. The ministry justifies its […]

Ukraine’s PrivatBank continues its Bitcoin promotion efforts

Today Ukrainian largest private bank PrivatBank posted an interview about Bitcoin and blockchain with Nicolas Cary from Blockchain.info on the main page of its online banking service Privat24. The bank also sent a newsletter to its customers inviting them to watch the interview.

CoinDesk moves to New York after being acquired by DCG

A renowned publication CoinDesk has announced today it has completed the process of acquisition by Barry Silbert’s Digital Currency Group.