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The Russian government has extended its winter ban on local crypto mining operations to six years as energy consumption in the country rises to alarming levels. About a month ago,…
A top Russian official has declared plans for a BRICS payment system “not hypothetical,” signaling a shift toward reducing reliance on the dollar through alternative financial mechanisms. A New Era?…
U.S. Treasury Secretary Janet Yellen recently referred to the possibility of enacting sanctions against Chinese banks as the U.S. prepares to deepen its measures to weaken the Russian economy. This…
Alexander Babakov, Deputy Chairman of the Russian State Duma, called out President-elect Trump’s recent threats regarding the hypothetical implementation of a 100% tariff regime on the BRICS bloc, stating that…
Seizing Russia’s frozen assets risks catastrophic fallout, including collapsing trust in global financial systems, destabilizing the euro, and sparking severe retaliatory measures. Confiscating Russia’s Assets Could Backfire Catastrophically, Euroclear Cautions…
Anton Tkachev, a State Duma deputy from the New People Party, has formally proposed establishing a strategic Bitcoin reserve in Russia. Tkachev sent an appeal to Russian Finance Minister Anton…
Russia is set to integrate its central bank digital currency (CBDC), the digital ruble, into its federal budget system starting next year, with nationwide adoption targeted by July 1, 2025,…
A Russian court has sentenced Stanislav Moiseev, the leader of the notorious online drug marketplace Hydra, to life in prison alongside a fine of four million rubles (approximately $37,500). Fifteen…
BRICS expansion is progressing without setbacks, as no invited countries have declined partnership offers, with the finalized list expected before year-end, Russian officials confirm. BRICS Expansion Gains Momentum: No Declined…
Russia is one step closer to implementing a comprehensive framework for taxing cryptocurrency transactions and mining. Its Federation Council approved a federal bill on November 27, following its passage in…