News
The National Bank of Ukraine considers introducing a national digital currency not based on Blockchain, at least for now
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BitRuble News
BitRuble is a national Russian cryptocurrency that is supposed to be issued and circulated under the control of the Central Bank of Russia. As all cryptocurrencies that are outside the control of the government are banned, BitRuble would be a competitor to Bitcoin and other virtual currencies. The first large investment that was made in BitRuble was by Qiwi, a Russian payment service provider, in order to develop the first cryptocurrency designed for the Russian market. BitRuble is supposed to be similar to Bitcoin, but — unlike any other digital currency — BitRuble's price and other properties will be regulated by the Central Bank of Russia. The launch of a national Russian crypto coin was planned in 2016. However, it is still unavailable for those who want BitRuble to buy it.
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FT reports that Putin’s economic adviser thinks CryptoRuble will help Russia get around sanctions, while other Russian government officials disagree.
61897 A Russian bank is preparing to release its own cryptocurrency despite the country’s uncertain climate.
9865A senior Russian politician has said the lid must come off crypto as the country’s BitRuble gets continued support.
16510Russian Ministry of Finance proposed to introduce imprisonment for issuing and using “money substitutes”. One of the such currencies is BitRuble.
598Payment service provider and future BitRuble issuer Qiwi are launching a series of blockchain focused master classes called “Promising Distribution”
731Russian payment service provider Qiwi has registered all domain names such as bitrouble.com, bitrouble.org, bitru.rf, and bitrub.li, according to the Russian newspaper “Kommersant.”
527Russia has decided to begin work on a new national digital currency, the Bit-ruble, that will be managed and overseen by the state central banking system, according to late evening reports out of El Mundo in Spain.
1407While a new digital currency proposed by payments services company Qiwi, dubbed the BitRuble, has led to harsh criticism from a top Russian official, the head of the country’s largest bank Sberbank has admitted to owning bitcoin.
1388Russian payment service provider Qiwi has reportedly invested “several hundred million rubles” to develop the first cryptocurrency designed for the Russian market.
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