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Russia is turbocharging its push to legalize cryptocurrency in foreign trade, signaling a massive shift in global finance as it aims to outmaneuver sanctions, enhance cross-border payment systems, and unlock…
The Russian parliament has introduced a draft bill to recognize cryptocurrency as marital property, aiming to update the Family Code to reflect the growing use of digital assets. Scope of…
Russia’s accelerating shift away from the U.S. dollar is shaking up global finance, with nearly all trade between Moscow, China, and India now conducted in national currencies—reshaping energy markets and…
The Bank of Russia has recently announced that it will open the possibility for private banks to include crypto operations in their service offering. First Deputy Chairman of the Bank…
Ivan Chebeskov, Deputy Finance Minister of Russia, estimated that around 20 million citizens used cryptocurrency for different purposes. Even with the various options available, Bitcoin was the most widely used…
The European Union is reportedly considering sanctions targeting A7A5, a ruble-backed stablecoin tied to sanctioned Russian actors. According to documents reviewed by Bloomberg, the proposed measures would bar EU-based entities…
Vladimir Putin underscored that Russia’s BRICS strategy targets collaboration, not confrontation, insisting the bloc’s dollar shift reflects necessity and a drive for balanced global economic independence. Putin Clarifies Russia’s Role…
The gray cash‑to‑crypto exchange market in Russia moves billions, with Moscow serving as the main hub. Alexey Korolenko, executive director of Cifra Markets, says that while the government has cracked…
Deputy Finance Minister Ivan Chebeskov stated that this move would be focused on establishing an experimental framework for facilitating cryptocurrency operations. The infrastructure would already be in development in a…
Russia and Brazil are aligning strategies across BRICS, the UN, and G20 to expand emerging economies’ influence, reshape global governance, and deepen their strategic partnership worldwide. Russia and Brazil Build…