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The bitcoin mining industry in Russia has the opportunity to rise and secure the second spot in bitcoin hashrate, according to GIS Mining’s Vasily Girya. Even with the recent restrictions,…
De-dollarization accelerates as Russia and Belarus abandon the U.S. dollar in 98.8% of trade, unleashing profound economic realignments that challenge Western financial supremacy and fuel global volatility. Russia and Belarus…
Vladimir Putin and Xi Jinping are discussing launching a platform that will offer investment initiatives under a BRICS-Global South inclusive banner, which will be detailed next month. Putin and Xi:…
Russia’s digital ruble is poised for explosive mass adoption by 2026, as expanded pilots, surging participation, and robust infrastructure lay the foundation for a sweeping financial transformation. Digital Ruble Set…
The Moscow Exchange has launched a bitcoin index, bolstering crypto offerings and potentially opening new financial instruments. Moscow Exchange Strengthens Crypto Offerings With New Bitcoin Index The Moscow Exchange (MOEX)…
The rise of the Russian ruble has less to do with a rise in confidence in the currency and more with the Central Bank of Russia’s economic maneuvers and the…
A Russian national faces 22 charges for laundering $530 million through cryptocurrency, using his companies to bypass U.S. sanctions and defraud financial institutions. 22 Charges Filed Against Russian National in…
Russia is entering the cryptocurrency derivatives market, as the Moscow Stock Exchange kicked off bitcoin futures trading on June 4, limited exclusively to “highly qualified” investors. This move comes as…
Russia accelerates the global de-dollarization drive with bold new push for national currencies and economic sovereignty in trade. Russia Ramps up Exit From Dollar-Dominated Trade System The global shift toward…
Sberbank, Russia’s largest financial institution, has announced the issuance of the first batch of structured bitcoin bonds. The instruments are currently offered to a limited number of qualified investors, but…