2016/07/16 9:00 AM

Russia pushes bitcoin, Mark Karpeles goes free, another massive crowdsale in the books, and Steemit gets hacked. Want to catch up on the latest cryptocurrency news? Take a look at the stories below.

Also read: Industry Report: Bitcoin Bursts with ‘Energy’

RUSSIA

Once again, a Russian party is pushing for the legalization of Bitcoin. The Party of Growth, which supports “free market economy and democracy,” believes that blockchain technology is growing all around the world, and Russia would be foolish to cut itself out.

Party leader Titov Boris explains:

“We [Party of Growth] estimate that over 2 million Russian citizens have opened their own Bitcoin wallets. . .Russia can take advantage of the difficult economic situation… by opening up to the blockchain technology.”

Despite several attempts, Russia has been unable to compose any formal regulation regarding Bitcoin and its related usage, which has often been…



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