Russia Expected to Issue the CryptoRuble

Many analysts believe that Russia could be the planet’s next big cryptocurrency market. The Russian government is currently encouraging bitcoin mining and appears to be on the way towards introducing regulations for its own cryptocurrency market. Reports suggest that the Russian President Vladimir Putin has given the green light to plans for the CryptoRuble to … Read more

Russia’s Central Bank States Cryptocurrency is ‘Risky’

After recent announcements from China’s regulatory body, Russia’s central bank has issued a statement on the risks of cryptocurrencies and Initial Coin Offerings (ICOs). According to a notice that was published yesterday, The Bank of Russia has responded to the rising discussion of both ICOs and cryptocurrencies themselves. The notice states that exchanging cryptocurrencies involved … Read more

Why is the Ethereum Price Rising?

Over the last few weeks, Ethereum has soared a whopping 100% in price, thanks to a timely combination of rising institutional interest and an impasse with users of rival cryptocurrency, Bitcoin. A lot of the recent increase in price is down to a few different key components. 1 – Bitcoin ‘Buzz’ Although Bitcoin is the … Read more