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Russia Plans to Discuss US Sanctions with Bitcoin

Rusya Bitcoin ile ABD Yaptırımlarını Ele Almayı Planlıyor

Russia Preparing for Bitcoin

According to a Russian economist with close ties to the Kremlin RussiaTo replace the US dollar's reserve money, with a view to overcoming US sanctions Bitcoin'to Preparing for investment.

An institution funded by the Russian National Academy of Economics and Public Administration Vladislav Ginkosaid the government has taken steps to minimize the impact of US sanctions on Russian rubles, replacing some of the US reserves. He also said that he would do this with Bitcoin, the most popular crypt in the world.

The US sanctions against Russia last year came after the poisoning of former Russian officer Sergei Skripal. Mr. Ginko pointed out that the decree of decontamination was basically a, movement to protect national interests ına because it had edi cut off the flow of payments determined by the US for Russian oil and natural gas edi. He also claims that the investment can be up to $ 10 billion (£ 7.8 billion).

Cryptocurrency Russia's interest in Russia has increased and President Vladimir Putin has been interested in digital assets in recent months. Mr. Ginko believes that Bitcoin and the broader crypto-currency industry are currently accounting for 8% of Russia's GDP. Investments to strengthen the country's reserves with Bitcoin may begin in early February.

Ginko said, a The Russian government is about to take a step forward in diversifying its financial reserves, because it is forced to impose sanctions on the US to release US Treasury bills and reclaim the US dollar. These sanctions and the desire to adopt modern financial technologies, It takes Russia to deposit its reserves to Bitcoin." said.

The Central Bank of Russia has not yet published official plans, but said in a statement to The Daily Telegraph that it has published information on foreign asset management with a delay of six months. Country, euro, China renminbi and Japanese shares increased by increasing the shares showed the refinement.

Mati Greenspan, senior market analyst at the EToro trading platform, says, "There is absolutely no interest in the Russian government to do this." In 2018, Bitcoin saw market capitulation decline from $ 230.9 billion in January to $ 66.6 billion by the end of December.

Hükumet Bitcoin ile ABD Yaptırımlarını Ele Almayı Planlıyor

Government Plans to Discuss US Sanctions with Bitcoin

Greenspan claims that Russians are planning to invest in digital assets, although it believes it can increase purchase prices and valuation, which may reduce Russia's share after a potential investment.

Since the Russian government cannot open an account with a stock exchange to receive crypto currencies, investment plans may include the establishment of a aç broker crypto currency co, which can then be replaced by Bitcoin.

The new crypto currency must be submitted by a broker, such as Sberbank, a state-owned bank.

Ası I understand that the proposal is now on the finance minister's desk, the creation of some kind of intermediate krypton,. Said Greenspan.

Putin Vitalik Buterinle, founder of 24-year-old Rus Ethereum in 2017

came together to discuss the possibilities in the sector. He also met personally with the head of Ethereum in recent months.

. We know that Vladimir Putin is a great advocate of blockchain technology,. Said Greenspan. Obviously, he does not like the sanctions imposed on him, and he already said that such sanctions would lead to a decoupling. It is true that this is the direction of the Russian government. " said.

Source: The Daily Telegraph

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Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

 

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Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

 

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

 

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Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

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Source: Cointelegraph

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