Russian Information Minister Is Keen to Explore Blockchain Technology
Nikolai Nikiforov, the Russian Minister for Communications and Mass Media spoke about Bitcoin's underlying technology, the blockchain. The Minister notes the distributed ledger technology as "very interesting" and intends to monitor its development going forward. Speaking at the 'Internet Economy' forum today, the Russian Minister for Communications and Mass Media, Nikolai Nikiforov elaborated on "necessity to explore the use of blockchain technology in the best interests of the public." In comments that were reported by state-owned news agency TASS, Nikiforov said: As a new technology,....
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Russian Prime Minister Dmitry Medvedev has given instructions to two government ministries to study and research the application of blockchain technology as a part of the country’s ‘digital economy’ program. First reported in regional publication RIA Novosti, Russian interest in embracing Fintech has gained its most prominent proponent with the country’s prime minister. In a meeting with vice-premiers of the Russian government, the country’s prime minister has ordered the Ministry of Communications and the Ministry of Economic Development to consider the possibility of using the technology....
Trying to make sense of how Russia feels about Bitcoin and blockchain has become increasingly difficult as of late. Now, the Russian Central Bank strongly feels blockchain and distributed ledgers are not the same thing. It is not the first time the Russian Central Bank has shown keen interest in distributed ledger technology, as the financial institution....
Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this will happen, Trade Minister Denis Manturov stated as new crypto-related legislation advanced in the State Duma this week.
Crypto Legalization Is Current Trend, Russian Minister Acknowledges
Cryptocurrency can be legalized in the Russian Federation, according to a statement by the country’s Minister of Industry and Trade Denis Manturov, during the “New Horizons” educational marathon organized by the Russian “Knowledge” society.....
Government officials in Moscow are willing to explore and implement the potential and uses of blockchain technology in various applications including the Active Citizen project. The city government initiative is a technology-laden program aimed to make citizens of Moscow more inclusive in affecting government decisions. The Department of Information Technology of Moscow is ready to implement blockchain technology within its “Active Citizen” project, according to the department’s deputy director. Andrei Belozerov revealed his eagerness to use blockchain technology during a meeting with the....
Zanzibar is keen on getting stakeholders’ views on the viability of adopting digital currencies before a final decision is made, a government minister has said. The Importance of Getting the Views of Stakeholders In his remarks during an interview with The Citizen, Mudrick Soraga, who is the Minister of State, revealed his government is planning to meet stakeholders in the third week of November. Soraga also explained why such a meeting is necessary. He said: We are seeking views on the matter before deciding whether it is viable or not. You cannot make such a decision without....