Tag: Russia

Bitcoin is up nearly $100 in the past week, hitting levels not seen since mid-March after Japan legalized the cryptocurrency as a payment method. Read more: www.cnbc.com

Russian FinTech marketplace for traders Finvale has picked up $500,000 in funding. Softline Seed Fund led the round with Da Vinci Capital also participating. Read more: www.fintechroundup.com

The Finance Minister of Russia has revealed state interest in tracking every cryptocurrency transaction ‘just like with bank operations.' Read more: bitcoinist.com

Kreditech Group’s subsidiary "Kreditech Rus" has received the status of a Microfinance Company (MFC) on March 27, 2017 from the Central Bank of Russia. Read more: www.fintechroundup.com

A new initiative will hold an ICO for the production of an industrial material using green technologies. Read more: www.bankingtech.com

Chief executive of Sberbank, Herman Gref, says the commercial applications of blockchain technology in Russia will take shape two years from now. Read more: www.cryptocoinsnews.com

Four Russian banks are working in collaboration with MasterCard and Accenture to run a FinTech lab and accelerator to engage with local startups. Read more: www.finextra.com

Russia's Sberbank has introduced an online personal assistant that uses machine learning to provide customers with useful advice. Read more: www.finextra.com

Online stores and other merchants, which accept payments via Yandex.Checkout, Russia’s leading payment service provider, can now offer Apple Pay. Read more: www.finextra.com

Russia’s AFI released a “roadmap” for improving the regulation of the National Payment System that includes using blockchain technology. Read more: www.cryptocoinsnews.com