Home / Tag Archives: Russia

Tag Archives: Russia

Will Russia Create Its Own Form of Cryptocurrency?

The world has entered a new financial universal with the appearance of cryptocurrencies. However, the appearance and growth of cryptocurrencies over the last decade has been a helter-skelter ride of great gains and massive losses. What is Russia doing? BNW’s financial guru, Paul Goncharoff, an American businessman living in Moscow explains the …

Read More »

Russia Nowhere Close to Adding Bitcoin to Its National Reserve, Crypto Ruble May be a Reality Instead

“This analysis is an adaptation from the work of Mati Greenspan, Senior Market Analyst at eToro” Key Highlights for the day Russia nowhere close to adding bitcoin to the national reserve The regulatory framework does not allow Russia from proceeding ahead CryptoRuble is being discussed among government officials and could be …

Read More »

Russia Denies Buying $10 Billion in Bitcoin, Telegraph Story Fake News

Rumors that Russia planned to invest in bitcoin were a bit far fetched, as CCN reported. | Source: Shutterstock Russia is not planning to buy $10 billion in bitcoin this quarter, according to an official with the Russian State Duma. Elina Sidorenko, chair of the Duma’s cryptocurrency group, says the rumors …

Read More »

Clickbait Media Uses Bitcoin and Russia to Pump Headlines Again

Op-Ed In the past week or so, a number of publications, including cryptocurrency websites, but also “reputable” mainstream outlets, have given stage to a “Kremlin economist” with a bold prediction – Russia will invest billions in bitcoin to tackle U.S. sanctions, possibly triggering a new bull run as early as …

Read More »

Russia Is Not Ready to Buy Bitcoin Yet, Russian Official Says

Rumors spread last week that Russia might be pondering the possibility of acquiring a considerable amount of Bitcoins as a means of fighting U.S.-imposed economic sanctions may not be entirely accurate. According to an article published by the news portal Forklog, Elina Sidorenko, chairperson of an interdepartmental working group of the …

Read More »

Economist Behind Claim Russia Will Buy $10 Billion Worth of Bitcoin Said Price Would Collapse to $100 Last Year

Over the past week or two, a story about Russia adding bitcoin to their foreign currency reserves has been reported in a variety of media outlets such as The Daily Telegraph, Fortune, and ZeroHedge. All of these stories cite Vladislav Ginko, who is an economics lecturer at the state-funded Russian …

Read More »

Russia Planning $10B Bitcoin Investment, Insists Kremlin Economist

Russian economist, Vladislav Ginko, says Russia is looking to invest $10 billion in Bitcoin as the State Duma has put cryptocurrency legislation high on the agenda for 2019. Rumored $10 Billion Bitcoin Investment Ginko, an economist with ties to the Kremlin, says the Russian government will convert some of its …

Read More »

Russia ‘to replace US dollar with BITCOIN’ to get round US sanctions | City & Business | Finance

Vladislav Ginko, an economist at the Russian Presidential Academy of National Economy and Public Administration, claims Russia is braced to invest in the leading cryptocurrency after the rouble was left crippled by US sanctions. Russia was slapped with fresh restrictions in December, with the US expanding a blacklist of individuals …

Read More »

Russia Ready to Make a Giant Leap into Blockchain as Parliament Looks to Introduce 20 Crypto Bills

Russia has always been notorious for its single-minded dedication. In the past, they have literally moved whole industries when the situation demanded it. In today’s world, the primacy of a digital economy seems to be only a matter of time. Thus, not many were surprised when a news report revealed …

Read More »