Russia Seeks to Block ‘Darknet’ Technologies, Including Telegram’s Blockchain
A Russian government agency has requested contractor bids to find ways to block censorship-resistant internet tech, including one blockchain: Telegram's.
The new bill would allow the creation of “experimental regulatory regimes” for companies working on cutting-edge technologies like AI and distributed ledgers.
The global market meltdown has indirectly benefited Russia's bitcoin miners, even as the cryptocurrency's price tumbled along with other assets.
Although China remains the leading region for bitcoin mining, the coronavirus downturn is changing the picture in other geographies.
The central bank is in favor of digital securities, but maintains cryptocurrencies shouldn't be allowed in Russia.
Energy experts say incumbents are complacent about the dominance of the U.S. dollar in oil markets while China and Russia may try to force change.