Private Equity Moris Beracha Wuani

by Vijaya Bharti  Russian Finance Ministry Shows Hope for Crypto Trading in the Country Russian Finance Ministry considers the allowing of crypto trading, a representative of the ministry reveals. As per the report, Alexei Moiseyev, the Deputy Minister of Finance, tells the status of crypto trading in Russia. He said that the ministry has not yet reached the final decision. As a result, crypto trading might be possible in Russia. Previously, a bill surfaced in the ministry on circulation of digital currencies in the Russian Federation. The bill prohibited the utilization of crypto assets as a payment method. The bill surfaced in May this year. Similarly, Anatoly Aksakov is the Duma Financial Committee’s head. He calls the decision which is yet pending as a compromise. Additionally, he points out that the country Russia will adopt a bill in favour of cryptocurrencies. Precisely, FATF is the Financial Action Task Force recommending Russia to adopt the bill. The b...

By Tanya Abrosimova While Russian lawmakers are dawdling on passing a law on financial digital assets, business is looking cryptocurrency and blockchain technology adoption.  Thus, a prominent Russian billionaire and the owner of Norilskiy Nickel Vladimir Potanin in a recenet interview announced the plans to launch blockchain-based platform and potentially issue a crypto token backed by palladium, Bloomberg reports.  Being the world’s top producer of palladium, Nornikel wants to inspire innovations in the industry and lead the new technology adoption and inspire. Currently, the company plans to issue tokens via its Switzerland-based palladium fund and holds the talks with the Swiss government.   “People more and more tend to use decentralized networks and platforms that don’t have a main operator,” he said. “We want to be active participants of this process,” as trading in digital tokens has many advantages, Potanin...

By Moris Beracha .-  2018 was a negative period for some of the world’s most important cryptocurrencies. The value of Bitcoin, Ethereum, LiteCoin, Ripple among many others, dropped over the previous year and a large number of investors lost millions of dollars. However, countries such as Russia still maintain their hopes in digital assets and despite the price crash, the interest in cryptocurrencies remains. According to financial consultant Olga Prokhorova, the new generations of entrepreneurs are looking to make some kind of investment with tokens, because they trust that this will be the future. In an interview with the news channel of Federal Press, the also representative of the “International Financial Center”, cited data from a study published by the University of Cambridge suggesting that the number of users with identity to perform some type of transaction in the cryptocurrency ecosystem has grown to more than 35 million worldwide. T...