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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…
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,…
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 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…