He told Russia Today: "I am so confident to declare that we will run CryptoRuble just for one simple reason: if we don't, our neighbours in the Eurasian Economic Community will do it in a couple of months". As per the reports, Nikiforov states that the digital currency can not be mined and is instead centralized, with the Russian state being the sole issuer, making it quite different from the popular decentralized cryptocurrencies like Bitcoin and Ethereum. "If the owner can not explain the reason for the appearance of his CryptoRubles, when converting them into Russian rubles, the tax for him will be 13 percent of the total", he said.
The CryptoRuble will be launched in the coming weeks and will be the only cryptocurrency legal to use for Russian citizens. The confirmation in local Russian news reports on it came from Nikolay Nikiforov, the government's minister of communications, but the possibility of it has been hinted at for months by various top-level officials. If there is a rise in value, the same 13 percent rate will be applied upon sale of the coin only on the difference in value. The ability to freely exchange the currency for hard tender suggests an official exchange is likely, alongside unofficial markets. Although CryptoRuble will be centralized, it does appear to be blockchain-based.
He added: "We should develop such a regulatory system on the basis of worldwide experience that will make possible to make relations in this sphere systemic, definitely protect interests of citizens, business and the government, and provide legal guarantees for work with innovative financial instruments", he said.
One might take this as the government tacitly encouraging and profiting from speculation and money laundering - but at the same time, it's a realistic way to keep the marketplace from devolving into a total melee.
Now in his fourth season with the Broncos, Sanders had recorded 20 receptions for 190 yards and two scores through four games. In the fourth quarter, the Broncos reached the red zone twice, scoring once on a 13-yard pass from Siemian to Jeff Heuerman .
It was an excellent tournament for both superstars, who are closing out 2017 and looking to carry momentum into 2018. The long-time friends and foes crossed paths as Nadal was leaving the court and Federer was entering it.
McCown hurt the Jets with an interception late in the second quarter, which allowed New England to even the score before halftime. The team rallied and finished the game strong, earning a 24-17 win behind a controversial call by the officials against the Jets.
This is an attempt at collective bribery?" he said. "This is a clear break down of the countrys democracy", the statement said. So, from October 3 to December 24 when the election process concluded, it was 83 days, which is unreasonable.
The reported tension between the president and the top US diplomat comes as the USA faces a slew of foreign policy challenges. I wish there were more Republicans in Congress who would publicly condemn Trump for his despicable behavior and actions.
He may cut the ribbon on the brand new U.S. embassy - close to completion at Nine Elms, near Battersea Power Station. Watch: King Felipe of Spain is welcomed by Queen Elizabeth II during a State Visit this year.
He adds the family is fit to travel, but it's undecided whether they will fly to Canada or to the US from there. Boyle said one of his children is suffering from health issues and needed to be force-fed by rescuers.
The membership of the UN carries with it a right to the membership to UNESCO, according to Article II of the UN Constitution . US President Donald Trump's Administration also had no provisions in next year's budget for this goal , The Time wrote .
Finally, Jacobi Capital Management LLC raised its holdings in shares of Bank of America Corporation by 21.0% in the 1st quarter. Analysts await Bank of America Corporation (NASDAQ: BAC ) to report earnings on Oct, 13 for the fiscal quarter ending Sep 2017.
Doom: Nintendo Switch Release Date Revealed
The Nintendo Switch port is developed by Panic Button, the studio responsible for the upcoming Rocket League port on Switch. Skyrim was teased in the initial Nintendo Switch reveal video before being given its November 17 release date.
Kate Middleton Surprises Kids for Charity
The Duchess of Cambridge has found a smooth-moving dance partner while out on a surprise charity visit in London overnight. According to the Telegraph , a spokeswoman for the palace said the duchess is "better, but she's still suffering".
Jurgen Klopp: 'I couldn't use Man Utd tactics'
Consider the criticism harsh or not, Lukaku is doing little to prove that he can actually perform against the likes of Liverpool. Liverpool, meanwhile are sat down in 7th in the league table but they are still only 7 points off top spot.
Cleverley hands Watford rare home win over Arsenal
Mertesacker looked set to be the unlikely hero when he nodded in his first Premier League goal since December 2013. Arsenal managed to take the lead in the 38th minute, as Mertesacker's header found the back of the net.