Archive | digital currency

Russia’s Capital Discusses Issuing Moscowcoin Cryptocurrency

As the work on Russia’s national cryptocurrency is underway, the city of Moscow is discussing issuing its own cryptocurrency, the Moscowcoin. This will be possible after the legal framework of cryptocurrencies is established for the whole federation, city officials explained. Also read: Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble Moscowcoin Discussion […]

Australian Fintech Startups Want a Central Bank Digital Currency

Multiple banks are actively contemplating the idea of creating their own digital currencies. Surprisingly enough, Australia is one of the places where such efforts may take off sooner rather than later. A digital dollar makes some sense to the Australian fintech sector, although it remains to be seen if this venture will be officially pursued in the end. […]

Russia to Launch Its Own Digital Currency, the CryptoRuble

Recent reports indicate that Russia is getting ready to launch its own digital currency, the CryptoRuble, thereby confirming numerous rumors about Russia’s plans in the area of blockchain technology. Russia is embracing blockchain technology and digital currencies During the last couple of months, Russia has had a passive-aggressive stance toward digital currencies, yet in the past, the […]

Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble

Russia’s president Vladimir Putin has reportedly ordered the issue of the national cryptocurrency, the “cryptoruble.” The Russian Minister of Communications and Mass Media has revealed some details of this new currency. Also read: Putin Confirms Russia Will Regulate Cryptocurrencies Putin’s Executive Order Russia’s Minister of Communications and Mass Media, Nikolay Nikiforov, said at a closed meeting […]