Russian state-owned gas giant Gazprom could soon to begin using blockchain to execute and monitor business contracts. The firm’s CEO, Alexey Miller, announced the news at a meeting with Russian prime minister Dmitry Medvedev Wednesday, saying Gazprom is now “ready to start implementing…
Tag: Russia
Huobi Exchange’s Plans for Russia Go Well Beyond Crypto Trading
Huobi, the third-largest crypto exchange by trading volumes, is seeking to fill a void in Russia’s cryptocurrency community. This month, the exchange opened an office in Moscow, the first major crypto trading platform to have a physical presence in the…
Payments Giant Qiwi Unveils Crypto Investment Bank
Qiwi, one of the largest e-payment providers in Russia, is launching a crypto investment bank, called HASH, to advise investors and help Russian companies tokenize their assets once the appropriate regulation in Russia is in place. The company announced it…
Russian Court Overturns 2016 Cryptocurrency Media Ban
A city court in St. Petersburg, Russia, has overturned a decision made by a district court in 2016 that effectively blocked cryptocurrency media site bitcoininfo.ru for the country’s inhabitants. The decision came about after the court received an order from…
Sberbank Buys Commercial Bonds Issued Over Blockchain Platform
Russian bank Sberbank CIB and telecoms firm MTS have conducted what they say is the country’s first commercial bond transaction made using blockchain. MTS announced Tuesday that it had placed commercial bonds of 750 million rubles ($12.11 million), with the…