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Tag Archives: Russias

CEO of Russia’s Biggest Bank

Bitcoin proponent and blockchain advocate Herman Gref, the head of Russia’s biggest bank, doesn’t see cryptocurrency replacing fiat money in today’s centralized financial system. Sberbank CEO Herman Gref was speaking to reporters on the sidelines of the Astana Finance Days, a Eurasian financial conference in Kazakhstan, when he was asked for his take on the advent of cryptocurrencies and their ...

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Payments Giant Qiwi’s Execs to Launch Russia’s First Crypto Investment Bank

Representatives of Russia-based payment services provider Qiwi have created the first crypto investment bank in the Russian market. The project, to be known as HASH, will provide assessment, search and market entry projects, attributes typical of investment banking firms designed to appeal to large investors, according to Kommeresant. HASH will not operate as a Qiwi Group subsidiary. Qiwi Blockchain Technologies (QBT) will ...

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Payments Provider Qiwi Launches Russia’s ‘First’ Crypto Investment Bank

Qiwi Blockchain Teсhnologies (QBT) has launched a crypto investment dubbed “HASH,” local news outlet Kommersant reports June 29. QBT is a subsidiary of Russia’s leading payment service provider Qiwi. HASH, built on a “classic investment banking model” according to Kommersant, will provide a platform for initial coins offerings (ICO). Yakov Barinsky, QBT’s Chief Financial Officer (CFO), explained that HASH would ...

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Russia’s Largest Banks to Offer Crypto Trading Platforms

While most financial institutions have continued to be proponents of the ‘blockchain is good, cryptos are bad’ narrative, two of Russia’s largest banks are piloting a new cryptocurrency program for their clients. The two, Sberbank and Alfa-Bank, will offer their clients shares in a special new fund that will list six cryptocurrencies initially. The platforms will source their market data ...

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Two of Russia’s Largest Banks to Offer Crypto Trading in Six Top Coins

Two of Russia’s largest banks, Alfa Bank and Sberbank, will soon be offering clients access to cryptocurrency portfolios that will permit the trading of six popular coins on major exchanges Kraken and Bitstamp. Crypto Trading Portfolio Alfa Bank is the largest private bank in Russia, while Sberbank is state-owned and is responsible for processing government employee pay checks. According to reports ...

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Russia’s Central Bank Will Host an ICO Pilot on its Regulatory Platform

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. Russian banking giant Sberbank and the country’s National Settlement Depository will test an initial coin offering on a central bank regulatory platform. Sberbank and the National Settlement Depository (NSD), Russia biggest bank and the securities depository respectively, will test the issuance of an initial coin offering (ICO) ...

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Russia’s Largest Bank Buys Commercial Bonds on a Blockchain

Join our community of 10 000 traders on Hacked.com for just $39 per month. The investment and corporate banking arm of Sberbank and telecom giant MTS have laid claim to conducting Russia’s first commercial bond transaction using blockchain technology. In an announcement, MTS revealed it had placed commercial bonds worth RUB 750 million (approx. $12 million) on a proprietary blockchain ...

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Russia’s FIFA World Cup 2018 Welcomes Cryptocurrency

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Russia’s ‘Digital Law’ Bill Won’t Legalize Cryptocurrency

Join our community of 10 000 traders on Hacked.com for just $39 per month. Russia’s State Duma Committee on State Construction was scheduled to hold the first reading of amendments to the country’s civil code pertaining to digital currency today, but is not expected to make digital currency a legitimate method of payment, according to Izvestia, the news portal of ...

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