Russian payments firm Qiwi has reportedly acquired a blockchain startup as part of its plan to offer services integrating the technology.
Russia's government is said to be moving ahead with plans to introduce rules for blockchain use by 2020.
Bitcoin's legal status in Russia is again uncertain after a central bank official backed away from positive statements from its Ministry of Finance.
Russia’s government is reportedly planning to recognize bitcoin as a type of financial instrument next year.
Russian Prime Minister Dmitry Medvedev has asked two government ministries to investigate public sector blockchain applications.
Russian payment firm Qiwi Group has created a new subsidiary that will focus on blockchain development and consulting.
Blockchain tech could have widespread impact, Russian Prime Minister Dmitry Medvedev reportedly said today.
The CEO of Russia's largest bank believes commercial blockchain applications are closer than many experts have projected.
The NSD's director of innovation, Artem Duvanov, says blockchains are only useful when recording legally binding information.
A Russian fintech association tasked in part with exploring distributed ledgers has appointed a CEO.