Russia

National Settlement Depository (NSD) and Sberbank CIB will trial a new regulatory platform that is set to make local initial coin offerings (ICOs) safer and easier to use for potential cryptocurrency traders, Sberbank reports. Designed by Russia’s Central Bank, the fintech project is powered by blockchain technology.

Welcome to Coin Idol TV News channel. Today we are featuring the most interesting news or the cryptocurrency world. The burning topics are: Central Bank of Iran bans cryptocurrency dealings, bitcoin price finally hits $9,000, Russia to put more regulations on cryptocurrency market, namely ICOs, Amazon to enter the world’s cryptocurrency market by implementing blockchain.

The Russian Association of Cryptocurrency and Blockchain (RACIB) will design a set of rules to make ICOs safer for customers to deal with, according to rbc.ru. The project aims at checking the reliability of information about the founders, the business plan, and its perspectives for the future.

- Antigua and Barbuda to Launch a Cryptocurrency Exchange
- Russia Accepts Payment for Goods from Venezuela in Petro Coin

Venezuela will pay the Russian Federation for providing automotive parts in its own digital currency, the Petro, according to the Venezuelan minister of foreign trade. Probably, the relations between two countries will not be limited to just auto parts trading.

In 2018, Gazprombank, the third largest bank in Russia by assets, is likely to perform its first pilot transactions using crypto coins as a means of payment. The incentive will be brought to life with the help of its subsidiary in Switzerland, said the deputy CEO, Alexander Sobol.

That Ministry of Communications and Mass Media of the Russian Federation has put the idea of establishing a cryptocurrency exchange in the country out for consideration. The draft law will enable the government to declare and tax income of those who performed a cryptocurrency exchange.

Skychain Global, for the first time in Russia, has successfully conducted a test of the artificial intelligence system for medical diagnostics, comparing the number of errors committed by the living doctors. This infrastructure blockchain project is aimed at helping doctors and patients have accurate diagnoses.

AgroTechFarm CEO Ilya Tsigvintsev has a personal connection to the ATF Homegrowers. For him developing the appliance is more of a personal struggle than a business venture. Due to health conditions organic food was for him is not a caprice but medication. Here is his story!