The Power of Crowdfunding: You can Learn From Russians!

Financial technology, or fintech, is transforming the way we think about financial services. Advancements in the fintech industry allow companies to better serve their customers and make it easier for businesses to accept payment, manage their finances, and find funding. In order to better understand how financial technology can help you meet your business goals, it is important to learn more about the ways that fintech advancements can impact businesses. Crowdfunding. One advancement in financial technology that has opened up new opportunities for businesses to raise capital is....

Russians own 16.5 trillion rubles ($214 billion) in crypto, according to government figures. Given the lack of clarity in the country’s crypto legislation, estimates are expected to be conservative. Russians Hold 12% Of Global Crypto Report from government estimates show that Russians own 16.5 trillion rubles ($214 billion) in cryptocurrencies. According to Bloomberg, Russians own […]

The overwhelming majority of Russians in big cities are well aware of the term cryptocurrency but those with a good understanding of the topic are quite a small proportion, a new poll has indicated. Experts say that currency restrictions imposed earlier this year are helping growth in interest and adoption. A Third of Russians Ready to Buy Crypto Assets Within Months Just 6% of Russian internet users understand cryptocurrencies relatively well, although 80% have heard about them. The findings come from a survey conducted by hardware wallet developer Tangem among 2,100 residents of Russian....

Kickstarter has been the center of attention for quite some time now in the crowdfunding world, despite some obvious flaws with the way business is handled at certain times. At the same time, there are far too many users who see this platform as a cheap shopping mall for the latest gadgets, which is far from the case. Now that Kickstarter released its Android app, consumers will have additional options to back innovative projects. Bitcoin-based crowdfunding platforms could use such an app too in the future.

Russia is not going to follow China’s course and does not plan to ban its citizens from purchasing cryptocurrency on foreign exchanges, a high-ranking government official has indicated. Russians will not be able to pay with digital coins in their own country but are free to use crypto wallets beyond its borders. Russians Can Purchase Cryptocurrencies on Foreign Exchanges Unlike the Chinese government, authorities in Moscow do not intend to impose restrictions on the purchase of cryptocurrency on digital asset exchanges based abroad, a statement by Russia’s deputy minister of....