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BRICS is accelerating its break from Western financial dominance with a game-changing payment system that could soon welcome non-members, challenging SWIFT’s global stronghold. Lavrov Expects BRICS Alternative to SWIFT to…
“China and Russia have reportedly begun settling some energy transactions in Bitcoin and other digital assets,” said VanEck Head of Digital Assets Research Matthew Sigel in a company blog post…
Russia called U.S. threats over BRICS currency moves serious but stressed the bloc isn’t replacing the dollar—only modernizing finance to counter monopolistic global abuses. Russia Responds to US Tariff Warnings…
The digital ruble is still expected to be rolled out massively by year-end. Nonetheless, the Central Bank of Russia has reiterated that it will only start the implementation phase once…
Russian Finance Minister Anton Siluanov specified that digital financial assets were among the options that BRICS was considering for securing independence from third-party nations in the economic trade arena. BRICS…
More than a million Russians have fallen victim to cybercrime, resulting in an estimated $3 billion in damages. Cybercrime accounts for 35% of all crimes in Russia and is increasing…
Russia’s central bank, along with the directive of the nation’s president, Vladimir Putin, has submitted proposals to the government to allow a limited group of local investors to buy and…
Russia has reportedly turned to cryptocurrencies to facilitate its oil trade with India and China, using digital assets to circumvent Western sanctions. While fiat currencies like the UAE dirham still…
A Lockbit ransomware developer has been extradited to the U.S., admitting to coding and consulting for the cybercriminal group, which paid him in cryptocurrency. Lockbit Ransomware Developer Extradited to US…
Based on whispers from unnamed insiders quoted by Reuters, Russia is reportedly turning to bitcoin, ether, and stablecoins as tools in its oil trade with China and India. These insiders,…