Russian Business Daily Calls Russia to Embrace Cryptocurrency

Pavel Cherkashin, an angel investor and a partner at Vestor.In Partners, wrote an article for Russia’s most popular business newspaper Vedomosti. There he describes cryptocurrency in general and points out lots of its advantages as compared to the traditional banking system. Cherkashin stated that, according to expert opinions, at least.

Putin Presented with a Roadmap for Blockchain Regulation

Russian Internet Development Institute (IDI) offered the president Vladimir Putin a roadmap regulating implementation of blockchain technology. Moreover, the roadmap includes proposals as to crowd-funding and crowd-investment, facilitate taxation of freelancers, and withdraw limitations on anonymous payments for tax and loan purposes.

Nigerian Financial Restrictions May Inure Bitcoin

In accordance with an order by the Central Bank of Nigeria, the country’s citizens will not be able to use their plastic cards abroad. The prohibition will become effective as of January 1, 2016. It covers not only regular card transactions, but also purchasing any goods or services from foreign.

A Draft Bill Implying Bitcoin Legalization Introduced in the Russian Parliament

December 18, a draft code implying penalization of issuance and exchange of, and operation with “money surrogates”, was introduced to the Russian Parliament, the State Duma. Russian authorities were going to equal cryprocurrencies to the said surrogates, and even introduce criminal and administrative punishment for any operations related thereto.

The Securities and Exchange Commission Approves Blockchain-based Securities by Overstock

U.S. Securities and Exchange Commission has approved the application from Patrick Byrne’s renowned company Overstock to issue its securities online via a blockchain-based technology. This might be an evidence of a substantial paradigm shift for the authorities’ stance as to anything related to crypto-space. According to the documents available to.