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The subject of this web-site is digital money. The goal is to promote Internet payment means in Russia. This Russian/English language site includes: articles from Russian magazines about different Internet payment systems and its descriptions, Russian laws and cryptography issues, opinions, discussions, useful links and more.

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Top Internet Search Engine Bought by Upstart Holding

Ignoring recent global losses in high-tech stocks, newly-born RuNet Holdings Ltd. grabbed a third of the RuNet market by acquiring and the Yandex trademark on Thursday.
Ru-Net hoping becomes Russia’s Amazon

Ru-Net Holdings Ltd., the newly founded, partly Western consortium, has made its first move by acquiring a 51 percent stake in St. Petersburg online bookseller Ozon for $1.8 million.

Apr 05, 2000

Russian Phone Firm Rostelecom Likely to Rise More on Internet Demand

OAO Rostelecom shares have more than doubled in three months and are set to rise further on optimism growing demand for Internet services will boost the Russian long-distance phone service's profits, investors said.

Baring-UFG $20 mln fund targets Russian Internet

Baring Vostok Capital Partners and Russia's United Financial Group have opened a $20.5 million Russian Internet direct equity fund and bought a $3 million stake in an on-line book seller, the firms said on Friday.

Russian Golden Telecom sees growth

Russian telecommunications and Internet firm Golden Telecom will see steady revenues in core telephony groups and rising sales in the integrated voice and data arena, the company's president said.

Feb 25, 2000

Bradley Cook got new job

Bradley Cook, former Editor-in-Chief of The St. Petersburg Times in St. Petersburg, Russia, has joined the editorial team of as editor of

Feb 24, 2000

Telia is breaking on Russian market

By way of a share acquisition Telia has entered as industrial partner in First National Holding/Telecominvest - one of the three most important telecom and IT-groups in Russia. The transaction is valued at 700 million SEK.

Feb 23, 2000

Golden Telecom Introduces Enhanced Internet Services

The new tariff plans provide a complete package of Internet services for the dial-up access market. Monthly pre-paid packages, including 20 or 50 hours online

Feb 22, 2000

No Windows 2000, No Cryptography

The Federal Agency of Government Communication and Information (FAPSI) is not going to prevent the sales of Windows 2000 in Russia.

Feb 21, 2000

Comcor, Andersen Group found joint venture

Moscow Telecommunications Corporation (Comcor) and Andersen Group have announced that they have created a joined venture called Comcor-TV.

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