Bitcoin News / Bitcoin.com - 4 months ago
Russian President Vladimir Putin highlights economic integration and dedollarization at the Shanghai Cooperation Organisation (SCO) Heads of State Council meeting, chaired by Indian Prime Minister Narendra Modi. “We are making wider use of nati...
Bitcoin News / Bitcoinist - 4 months ago
Russia’s pivot towards stablecoins comes against the backdrop of its chairmanship of the BRICS group (Brazil, Russia, India, China, and South Africa). The BRICS nations have previously discussed the creation of a digital currency-based payment...
Bitcoin News / Bitcoinist - 4 months ago
Stablecoins continue to witness notable adoption as the world’s largest country Russia is investigating the use of stablecoins for international payments in light of the growing financial strain imposed on it by international sanctions and econ...
Bitcoin News / Bitcoin.com - 4 months ago
Russia is considering adding the subject of stablecoins to an upcoming bill, allowing them to be used officially for completing cross-border payments. Alexey Guznov, Deputy Chairman of the Bank of Russia, declared that proposals have already been pre...
by COINS NEWS - 4 months ago
submitted by /u/denimglasses1 [link] [comments]
Bitcoin News / Bitcoin.com - 4 months ago
Russia’s central bank has urged businesses to consider various payment solutions, including cryptocurrencies and digital assets, to manage transactions with foreign partners and counter Western sanctions. Bank of Russia Governor Elvira Nabiulli...
Bitcoin News / Google News Bitcoin - 4 months ago
Russian Central Bank Suggests Using Crypto to Counter Western Sanctions – Featured Bitcoin News& & Bitcoin.com News
Bitcoin News / Google News Bitcoin - 4 months ago
Russian Central Bank Suggests Using Crypto to Counter Western Sanctions& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 4 months ago
The Russian State Duma is considering a bill related to cryptocurrency mining and sales, but the legislation is not expected to be approved by fall. The bill aims to legalize crypto mining and allow the sale of mined digital currency. Currently, cryp...
Bitcoin News / Google News Bitcoin - 4 months ago
Russia's Cryptocurrency Mining Bill Faces Delays – News Bytes Bitcoin News& & Bitcoin.com News
Bitcoin News / Google News Bitcoin - 4 months ago
Russia's sanctioned business union mulls establishing national Bitcoin fund& & crypto.news
More / Bitcoin Reddit - 4 months ago
Hi all my wife is Russian and needs to return to Russia for a several weeks to handle some family affairs. Just getting there from the USA is a logistical nightmare, (forget a direct flight), and as for transferring money… no chance. She needs to tak...
Bitcoin News / Bitcoin.com - 4 months ago
The most recent European Union sanctions against the Kremlin prohibit Eurozone operators from engaging with crypto asset providers that facilitate transactions supporting Russia’s defence-industrial base. Additionally, the new sanctions regime forbid...
Bitcoin News / Bitcoin.com - 5 months ago
U.S. Congressman Brad Sherman has proposed an amendment designed to enhance the enforcement of sanctions on Russian digital assets. The amendment allows the Treasury Secretary to prohibit crypto transactions linked to Russian entities and requires U....
Bitcoin News / Bitcoin.com - 5 months ago
The U.S. Treasury Department announced Wednesday that over 300 new sanctions have been issued to intensify pressure on Russia for its ongoing war against Ukraine. These measures, in alignment with G7 commitments, target entities and individuals globa...
Bitcoin News / Bitcoin.com - 5 months ago
According to Osman Kabaloev, the Deputy Director of the Financial Policy Department at Russia’s Ministry of Finance, the recognition of Bitcoin mining as an official economic activity is set to happen soon. Following the approval of a law regulating...
Bitcoin News / Google News Bitcoin - 5 months ago
Russia Set to Recognize Bitcoin Mining as Economic Activity – Mining Bitcoin News& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 5 months ago
Russian Ambassador to China Igor Morgulov disclosed that approximately 30 countries are interested in joining the BRICS economic bloc in an opinion piece published by the South China Morning Post last week. BRICS welcomed five new members in January:...
Bitcoin News / Bitcoin.com - 5 months ago
The Brooklyn District Attorney’s Office has seized 70 domains used to scam the Russian community. The scam involved deceptive Facebook ads featuring a deepfake of Tesla CEO Elon Musk. Over 20 Brooklyn residents and additional victims nationwide...
Bitcoin News / Bitcoin.com - 5 months ago
Anatoly Aksakov, Chairman of the Russian State Duma Financial Markets Committee, has predicted that international trade will migrate to CBDC for settlements during the next five years. Aksakov stressed that not many countries have made progress using...
Bitcoin News / Google News Bitcoin - 5 months ago
Russian State Duma Official: International CBDC Settlements to Become 'Common Practice' in 5 Years – Fintech ...& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 5 months ago
Jim Rickards, an economist and author of the best-selling book ‘Currency Wars,’ has issued an alert about the possible collapse of the global clearance system. In a recent interview, Rickards noted that Euroclear, a settlement service, holds $200 bil...
Bitcoin News / Bitcoin.com - 5 months ago
Some Russian companies have turned to using crypto to settle payments and protect themselves from potential secondary sanctions from Western countries. At least two top metal producers have transacted using USDT, the largest stablecoin in the crypto...
Bitcoin News / Bitcoinist - 5 months ago
Russian commodity firms have increasingly turned to cryptocurrency to circumvent financial hurdles posed by international sanctions. With traditional banking channels facing challenges, companies are now leveraging stablecoins, notably Tether (USDT),...
Bitcoin News / Bitcoinist - 5 months ago
The winds of change are blowing through the Russian cryptocurrency market. Following Binance’s exit in early 2024, a digital exodus has unfolded, with users scrambling to find new platforms to house their digital assets. This shift in allegianc...
