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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 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…
Jeffrey Sachs warned that the Trump administration’s potential future secondary sanctions on China’s trade relations with Russia could lead to a catastrophe for the U.S. economy. Sachs believes that the…
Binance has announced that it is now available to residents of Syria, allowing them to participate in the digital asset economy alongside its 270 million global users. This development follows…
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition examines how the Trump administration’s newfound secondary…
The Venezuelan bolivar accelerated its loss against the U.S. dollar as the government faced dollar shortages amid an economic trade war. The Trump administration’s secondary trade tariff regime on Venezuelan…
The U.S. may lift sanctions on Russia if Ukraine negotiations progress, an expert says, as the Trump administration commits to immediate diplomatic talks amid shifting global economic alliances. Potential US…
Deribit said that starting Feb. 17, Russian accounts will switch to “reduce-only” mode, and all positions will be forcibly closed by March 29, although withdrawals will remain open. Withdrawals to…
Hungary is threatening to block EU sanctions against Russia, citing €19 billion in losses and accusing Brussels of failing to uphold energy security commitments, Prime Minister Viktor Orban warned. EU’s…
Russian Deputy Foreign Minister Alexander Grushko has claimed that the European Union has suffered financial losses exceeding €1.5 trillion (approximately $1.58 trillion) due to sanctions imposed on Russia. Speaking in…