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Bitcoin in Russia as a Foreign Currency

[vc_row][vc_column][vc_column_text] The use of Bitcoin in Russia is currently illegal, but news has come out today from an official in Russia’s Ministry of Finance who stated Bitcoin could be used as a foreign currency. The change to the proposed law would not...

Russia Pressurizing Bitcoin Businesses

Russia’s Central Bank calls Bitcoin a monetary surrogate. Furthermore, the Head Prosecutor’s office recently held a meeting, and warned the public about taking action against Bitcoin-accepting businesses. Due to these proposed actions some services were...

Crimea, Ukraine, and Russia’s Next Move

As of Sunday March, 23 2014 Russian forces have been gathering on the border of eastern Ukraine. The White House has warned that Russia may be poised to invade.¬†We don’t know exactly what Russia is planning, although it does seem obvious they’re trying to...

Crimea Russia Ukraine Referendum

Current events in Ukraine have been headlining the news for several weeks. On March 16th the autonomous region of Crimea will be holding a referendum on leaving the Ukraine and joining Russia instead. The Crimean leaders are aching to leave; the Crimean population...