Qiwi co-founder Sergey Solonin has confirmed that he is taking the option to reissue his $17 million investment in Telegram’s TON as a loan, repayable at 110% next April, over an immediate 72% refund.
Qiwi News
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Subsidiary of Russian payment service provider Qiwi has launched the first crypto investment bank in the country to manage ICOs, according to local reports.
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FT reports that Putin’s economic adviser thinks CryptoRuble will help Russia get around sanctions, while other Russian government officials disagree.
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A private ‘Blockchain Academy’ is coming to Russia, created by money transfer wallet QIWI and Scream School.
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Businesses, state authorities and members of Blockchain community gathered last week to draw preliminary conclusions about regulation of cryptocurrencies in Russia.
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Earlier this week National Bank of Ukraine has introduced a ban on the use of payment services provided by Webmoney, Yandex.Money, Qiwi Wallet, and Wallet One.
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In its war against online gambling, Russian authorities are now targeting major online payment services.Qiwi and Skrill.
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Recognizing the potential for development of blockchain technology in the country, Russian payment operator Qiwi is seeking to establish a consortium of banks similar to the New York-based R3.
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Russian Ministry of Finance proposed to introduce imprisonment for issuing and using “money substitutes”. One of the such currencies is BitRuble.
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Payment service provider and future BitRuble issuer Qiwi are launching a series of blockchain focused master classes called “Promising Distribution”
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Russian payment service provider Qiwi has registered all domain names such as bitrouble.com, bitrouble.org, bitru.rf, and bitrub.li, according to the Russian newspaper “Kommersant.”
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Russia has decided to begin work on a new national digital currency, the Bit-ruble, that will be managed and overseen by the state central banking system, according to late evening reports out of El Mundo in Spain.
1719 - Fintech
While a new digital currency proposed by payments services company Qiwi, dubbed the BitRuble, has led to harsh criticism from a top Russian official, the head of the country’s largest bank Sberbank has admitted to owning bitcoin.
1654 - Bitcoin Business
Russian payment service provider Qiwi has reportedly invested “several hundred million rubles” to develop the first cryptocurrency designed for the Russian market.
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