Russian Gold Reserves Surge to 42.3% of International Portfolio
According to the Central Bank of Russia’s figures, Russia now holds over $310 billion in gold, a record for the nation’s reserves. As of December, gold comprises 42.3% of Russia’s…
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Kremlin Aide: Crypto Mining is a ‘Hidden Export’ Skewing Ruble Forecasts
An aide to the Russian President has stated that cryptocurrency mining is a major factor causing inaccurate ruble exchange rate forecasts, calling it a “new, undervalued export item.” Undervalued Export…
Bodies of Russian Crypto Blogger and Wife Found in UAE Desert
UAE police recovered the bodies of Russian crypto blogger Roman Novak and his wife, Anna, in a high-profile case involving alleged kidnapping, torture, and murder over cryptocurrency. Extortion and Disappearance…
Russian Authorities Arrest Suspects Over Crypto Investor Couple’s UAE Murder
Russian police arrest multiple suspects accused of kidnapping and killing a St. Petersburg crypto investor and his wife in the UAE. Russia’s Interior Ministry announces arrests across several regions on…
Euroclear Sidesteps OFAC as New Procedure Unfreezes Over $200 Billion in Russian Assets
Euroclear, one of Europe’s leading clearinghouses, has implemented a procedure allowing Russian investors to unfreeze their assets without an OFAC license. The move opens a path to potentially unblocking more…
Digital Ruble Push: Bank of Russia Reinforces That Crypto Can’t Be Used for Domestic Payments
While Russia prepares for a nationwide launch of the digital ruble, the Russian CBDC, it has also rejected crypto for domestic payments. Elvira Nabiullina, governor of the Bank of Russia,…
Russian Ruble Stablecoin Gets Targeted by EU Sanctions
As part of its 19th sanctions package against Russia, the EU included measures targeting the use of crypto to circumvent sanctions. A7A5, a Russian ruble‑pegged stablecoin that registered over $1…
Russia Advances Crypto Use in Foreign Trade Amid Sanctions and Dollar Diversification Push
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…
Draft Bill Proposes Crypto Inclusion in Russian Marital Asset Law
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 Hits 95% De-Dollarization in Settlements With China and India
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…