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Bitcoin dominance is still too strong. The recent BTC drop by $500 in a matter of 24 hrs entailed all other cryptos to fall as well. However, such market fluctuations should not discourage blockchain believers. The technologies are here to stay, and this fact is indisputable.
Moreover, with the stablecoin that BitRussia develops you may be sure of your funds’ safety.

👆👆👆In the startup competition during the Blockchain Leadership Summit, BitRussia outranked 230 rivals and broke through to take the place among 13 finalists. The competition was really fierce, but still, our project has managed to gain outstanding results. Cheers!

‼️ The US-based company Circle, the one that purchased Poloniex in February 2018, has released a really legit stablecoin in September and now provides the details of its audit. This is a very big step towards cryptocurrency legalization.

‼️ BitRussia aims to issue own stable coin, too, and resolve one of the biggest issues associated with cryptos - volatility.
https://www.cryptoglobe.com/latest/2018/11/circle-provides-of-proof-of-usd-reserves-backing-its-usdc-stablecoin/

💡The biggest problem with Bitcoin is its scalability as it can only process 7 transactions per second which prevents its mass adoption. The transaction confirmation takes too long and the fees are high when the network is overloaded.

💡Lightning Network is designed to solve this issue. Up until recently, it’s been implemented on a limited number of nodes, but now it finally gets popularized. BitRussia plans to use this technology as well.

👍🏻 Good news for all cryptocurrency addicts!
https://bitcoinist.com/bitcoin-lightning-network-2m-capacity/

So far, only a small number of countries have fully legalized ICOs.
Among them are Switzerland, Malta, Canada, UK and a few small island states. Now Russia plans to do likewise combining blockchain technologies with traditional financial tools.

Want to know how we are going to accomplish this? Visit our website and follow our channel to get the latest updates!

https://bit.ly/2TPlrVN

Bad rumors always have a bad impact on the crypto industry, especially during the bearish trend.
This one may be the reason why the market has been falling dramatically in the beginning of this week.
https://www.ccn.com/breaking-numerous-bitcoin-wallets-may-have-been-compromised-by-rogue-developer/

💳 The possibility to redeem your stable coins is a good measure to integrate blockchain technologies deeper into our daily lives as it significantly eases the lives of end-users. Such a feature is on our roadmap as well.
https://www.cryptoglobe.com/latest/2018/11/tether-now-allows-direct-redemption-of-usdt-for-usd-from-its-platform/

👍🏻 The Russian national cryptocurrency is getting closer to reality. There are plans to launch a state-backed stable coin similar to the one released in Venezuela in February 2018.

👍🏻 We are proud that BitRussia is one of the biggest contributors in this area.

https://cointelegraph.com/news/cryptoruble-how-stable-could-russian-national-stablecoin-be

After Bithumb left South Korea, the local authorities understood that some regulations are needed to make the funds stay within the country. The new bill aims to protect cryptocurrency traders from hacks. This is a good step towards BTC legalization.

https://news.bitcoin.com/korean-lawmaker-bill-promote-cryptocurrency/

Good news from our Eastern partners: Russia discovers new blockchain possibilities together with India. This country has very good potential in terms of new technologies, and this partnership promises to be very fruitful.

https://www.crypto-news.in/news/india-russia-increase-co-operation-blockchain-artificial-intelligence/

👍🏻 Despite the current market downtrend, one of the famous American venture capital investors Tim Draper is positive about the future of the cryptocurrency market and plans to raise a fund that is completely in Bitcoin.

https://usethebitcoin.com/tim-draper-says-trillions-of-dollars-will-move-towards-the-crypto-market/

👍🏻 Thumbs up for Plekhanov Russian University of Economics!

Since the blockchain technologies are on the rise now the demand for bitcoin oriented education is a good reason to implement such courses with the help of Bitfury.

https://kryptomoney.com/bitcoin-mining-pool-bitfury-to-launch-blockchain-accelerator-with-russian-university/

The law about cryptos was pushed to the first reading, but still, it's a very good sign. It means that the Russian state committee thinks of the ways to give an exact definition and legalize cryptocurrencies in the nearest future.

https://cointelegraph.com/news/russian-crypto-bill-draft-pushed-back-to-first-reading-for-significant-edits

👍🏻 Implementing official taxation for crypto payments is a good step towards btc legalization and mass implementation since 19% is way less than most of the value-added-taxes worldwide.

👍🏻 Thumbs up for our western neighbor!

https://insidetrade.co/19-tax-on-crypto-in-poland/