Posts Tagged ‘Russia’

Russia’s Financial Watchdog to Oversee the Cryptocurrency Industry

Russia’s Federal Financial Monitoring Service (Rosfinmonitoring, as the regulator is known in Russia) plans to register, license and monitor cryptocurrency exchanges, crowdfunding platforms and providers of wallet services for digital assets, Russian media outlets have reported. The financial watchdog will regulate the exchange of cryptocurrencies and fiat money, as well as transactions between digital assets. […]

Russia’s Alfa Bank invests in fintech fund Corviglia Capital

Alfa Bank, Russia’s biggest private bank, is backing a recently launched fund which aims to invest $500 million in fintech, as part of a search for innovative ideas and systems. Alfa did not say how much it was investing in Corviglia Capital, launched last week, but said it would be a cornerstone investor in the fund. Corviglia, […]

CryptoEvent RIW: Russian Internet Week Blockchain Conference Nov 21-23

CryptoEvent RIW is a massive international conference and exhibition event that will take place within the Russian Internet Week. The event will focus on blockchain, cryptocurrency, and the development of Fintech. The topics of discussion will include how to find investments and work with the funds received, the analytics of the ICO market, experience of successful […]

Russia’s ‘Disappointing’ Cryptocurrency Legislation: Why Experts Consider the Bill a Failure

Russia has been trying to pass cryptocurrency legislation since the beginning of January 2018, with no success as of yet. The government’s main bill, “On Digital Technologies,” which was expected to be passed by July 1, will instead most likely be pushed back until an October Duma session. The problems arising within Russia over how […]

Finalists announced for FINOPOLIS 2018 FinTech startup contest

The finalists have been announced for the FinTech startup contest, which will be held during the Forum of Innovative Financial Technologies FINOPOLIS 2018 in Sochi. Applications to take part in the contest were submitted by over 100 teams from more than 10 regions of Russia. The jury of experts selected ten teams to present their […]

Russia’s Central Bank Completes Test ICO

The Central Bank of Russia has successfully held experimental ICO within the framework of its testing platform also known as a sandbox. According to Ivan Semagin, the deputy director of the Development Department for the Financial Markets, the experiment was a success from a technical point of view, though a lot of legal questions remained open. The Russian […]

Deadline for fintech startup contest at FINOPOLIS 2018 extended to 22 august

The organizers of the Fintech Startup Contest at FINOPOLIS 2018 have extended the application deadline to 23:59 on 22 August. The decision was made in response to a flood of requests from potential participants for more time to prepare applications. Read more Related: Finopolis 2018 invites startups to apply for fintech competition

44 Percent of Russians Have Heard of Cryptocurrency, New Survey Reveals

Romir, a representative of the Gallup International Association in Russia, asked 1,500 Russian residents about their knowledge of cryptocurrency, as well as their plans to interact with the industry. Of those respondents, 44 percent had heard of crypto, 13 percent said they had a good understanding, and 56 percent did not know what the word […]

Cryptocurrency mining companies in Russia increase by 15% in 2018

The Russian Association of Cryptocurrencies and Blockchain released a report which showed that cryptocurrency activities in Russia have spiked in recent months. According to the report, the number of cryptocurrency mining operators in the country has grown by as much as 15% since the beginning of 2018. The report also showed that in the last […]

Finopolis 2018 invites startups to apply for fintech competition

The Forum of Innovative Financial Technologies FINOPOLIS 2018 will host the fourth FinTech startup competition. Ten winners will go through the final round in Sochi and compete for business development grants of three, two and one million rubles that will go to the winner, first and second runner-up respectively. Read more FINOPOLIS web-site: Related: Finopolis 2018 […]