Russia's Largest Search Engine Yandex Interested in Integrating Bitcoin

Yandex, Russia's largest search engine and internet services provider, recently expressed its interest in integrating bitcoin in its financial platform Yandex. Money. In doing so, it could allow merchants on this portal to accept bitcoin payments. This is particularly interesting because Russia is known for its hardline stance against bitcoin, even banning access to cryptocurrency-related websites in the past. To this day, Russian government officials and financial regulators have been warning the public about the risks of transacting using digital currencies. Bitcoin and Yandex. During....

Russian search engine Yandex has started tracking the exchange rate of bitcoin for the US dollar, the euro and the British pound, but oddly enough not the Russian rouble. Yandex is by far the biggest search engine in Russia, with a 60% market share. It also has a big following in several of the countries that are part of the Commonwealth of Independent States. In 2011 Yandex managed to raise $1.3bn in a NASDAQ initial public offering, the biggest IPO since Google went public seven years earlier. The company also operates an e-commerce payment system, dubbed Yandex. Money. As of this week,....

The Central Bank of Russia has officially requested Yandex, the largest Internet company in Russia, to disallow Alexei Navalny, a Russian lawyer and financial activist who is running a presidential campaign in 2018, from raising funds using the Yandex payment application. Yandex N.V. operates the largest search engine and provides the most widely used financial service in Russia. It controls over 60 percent of the Internet market share and serves over 55 mln active users. Its financial application is used by the general Russian consumer base to process basic payments, from salaries to....

Banks may start applying blockchain technology tocredit scores in 2016. Such an assumption was expressed by 4th largest search engine worldwide and the most popular website in Russia, Yandex, CTO Grigory Bakunov during his lecture about the main trends of 2016. If applied, the blockchain will make scoring much easier and faster. The growing possibilities of artificial intelligence allow the building of wide networks able to gather authentic information about any user based on his/her accounts in social networks and other sources. Furthermore, they are able to process huge volumes of....

Privacy-loving search engine DuckDuckGo has started displaying price quotes on bitcoin-related search queries. Launched in 2008, DuckDuckGo is a relatively fresh-faced search engine headed up by Gabriel Weinberg. The driving force behind the service is privacy - thus, integrating bitcoin price quotes seems like a logical move for the young outfit. The search engine is designed for people who would rather not have their personal data tracked online. Since it doesn't store any user data, the site does not offer personalised search results - or personalised ads for that matter. In 2013 alone,....