Qiwi

Rogue Employee Mined 500K Bitcoins in 2011, Qiwi CEO Says

An employee at Qiwi reportedly mined roughly 500,000 bitcoins in 2011 by hijacking the company's payment terminals, CEO Sergey Solonin said Wednesday.

Business  ·  25 July 2018

Russian Firm Will Reward Staff With Crypto Tokens Tied to Profits

The blockchain subsidiary of the Russian e-payments firm Qiwi plans to incentivize staff by giving them tokens tied to the firm's net profits.

Business  ·  17 July 2018
Russia

Execs at Payments Giant Qiwi Launch Crypto Investment Bank

Senior staff at a Qiwi subsidiary are launching a crypto investment bank to advise ICO investors and help companies tokenize their assets.

Business  ·  30 June 2018
Acquisitions

Russian Payments Giant Qiwi Acquires Blockchain Startup

Russian payments firm Qiwi has reportedly acquired a blockchain startup as part of its plan to offer services integrating the technology.

Business  ·  16 May 2017
Russia

Russian Payments Firm Qiwi Launches Blockchain Subsidiary

Russian payment firm Qiwi Group has created a new subsidiary that will focus on blockchain development and consulting.

Markets  ·  3 March 2017
Russia

Qiwi’s CEO Will Head Up Russia’s Distributed Ledger Efforts

A Russian fintech association tasked in part with exploring distributed ledgers has appointed a CEO.

Business  ·  9 February 2017
Russia

Russia’s Central Bank Adds Blockchain-Friendly Firm to FinTech Working Group

Russia’s central bank is continuing to grow its blockchain footprint.

Markets  ·  16 January 2017
Russia

Russian Payments Firm QIWI Joins R3 Blockchain Consortium

Russian payments firm QIWI has joined the R3 blockchain consortium.

Business  ·  14 October 2016
Russia

Payments Firm Qiwi Could Transition to Blockchain By 2021

Russian payments firm Qiwi now estimates it could upgrade its core database to a distributed ledger-based system by 2021.

Business  ·  8 August 2016
Startups

Russian Finance Firms Form Blockchain Consortium

A group of Russian banks and financial services companies has formed a private-sector consortium focused on blockchain applications.

Business  ·  1 July 2016
Russia

Payments Giant Qiwi is Building a Blockchain Replacement for its Core Database

Russian payments firm Qiwi is currently designing its own proprietary blockchain system in an effort to replace its central payments database.

Business  ·  20 May 2016
Russia

Payments Firm Qiwi Wants to Launch Russia’s R3CEV

Russian payments provider Qiwi has revealed it wants to launch a domestic blockchain consortium.

Business  ·  20 April 2016
Regulation

Report: Russia to Propose 7-Year Prison Sentences for Digital Currency Issuers

The Russian Finance Ministry has reportedly beefed up penalties for the issuance of so-called money surrogates including digital currencies.

Policy & regulation  ·  10 March 2016
Regulation

Russia’s Qiwi Pushes Ahead With Controversial ‘BitRuble’ Project

Payments company Qiwi is pushing ahead on a cryptocurrency project despite an uncertain climate for the tech in Russia.

Policy & regulation  ·  7 March 2016
Russia

Qiwi: Bitcoin Technology is ‘Beyond’ Russia’s Proposed Ban

New details have emerged about Russian payments giant Qiwi's plans to issue its own cryptocurrency.

Markets  ·  13 October 2015