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Countries are accelerating a shift away from the U.S. dollar in trade, with Russia and Ethiopia deepening currency ties to enhance economic stability and reduce reliance on foreign exchange. Global…
Russia now requires crypto miners to report earnings by the 20th of the following month, tightening oversight and restricting mining to approved entities while barring financial crime offenders. Russia Demands…
BRICS is focusing on investment partnerships over currency unification, Russian officials indicated, as discussions around reducing reliance on the U.S. dollar continue amid global economic shifts. Russia Puts BRICS Currency…
Hungary is threatening to block EU sanctions against Russia, citing €19 billion in losses and accusing Brussels of failing to uphold energy security commitments, Prime Minister Viktor Orban warned. EU’s…
About 3 million citizens have registered their personal data on the Russian Unified Biometric System. Authorities state that the population is warming to the use of these technologies, as 80%…
Rosseti Group – Russia’s leading electric grid operator – has announced its interest in becoming an operator for hosting mining infrastructure. The company told TASS that this initiative focuses on…
Rosseti, Russia’s electric grid operator, is exploring crypto mining to utilize electricity from power plants with low consumption. This could involve building mining centers and potentially coordinating their placement nationwide.…
The Russian State Duma is considering using the digital ruble to maintain transparency in public spending and to sidestep sanctions. Deputy Chairman of the State Duma Committee on Economic Policy…
Russia and Indonesia are moving toward ruble-rupiah trade settlements as sanctions and Russia’s SWIFT exclusion drive efforts to establish sustainable, dollar-free financial systems. Indonesia-Russia Trade Sees Shift to Ruble and…
Russia will have a unified facial payment system by the second half of 2025, aiming to onboard millions as non-card payment systems gain preference. Sber and NSPK, which operates the…