Russia Pushes Forward on Crypto Plans to Boost International Commerce
TL;DR Russia’s Finance Ministry has officially approved the use of Bitcoin for international trade, marking a bold shift in financial policy. This move follows years of
Russia (Latest Publications)
Europe’s Crypto Revolution: Russia Emerges as a Powerhouse of Adoption
TL;DR Russia ranks as the leading country for crypto adoption in Europe, surpassing the United Kingdom and Germany, according to Chainalysis. Between July 2024 and June
Record-Breaking Growth: Russian Stablecoin Flows Exceed $6 Billion
TL;DR Russian stablecoin transfers linked to the A7A5 network have exceeded six billion dollars since August, signaling a growing reliance on blockchain-based settlement systems across sanctioned
Russia Unveils Crypto Exchange Initiative for Elite Traders
TL;DR Exclusive Initiative: Russia launches a state-backed crypto exchange aimed solely at elite investors, creating a regulated platform for high-net-worth individuals. Strict Qualification Standards: Only investors
China and Russia Explore Bitcoin Payments in Energy Transactions
TL;DR China and Russia have started using Bitcoin for commercial energy payments in response to tensions with the United States and to reduce their reliance on
Russia is Using Bitcoin and USDT for Oil Trade with China & India
TL;DR Crypto-Backed Oil Trade: Russia is using Bitcoin and USDT to facilitate oil transactions with China and India, circumventing traditional financial systems amid global sanctions. Intermediary
Russian Central Bank: Use of Stablecoins For Payments is Unacceptable
TL;DR The Russian Central Bank has deemed the use of stablecoins for domestic payments within its territory as “unacceptable,” citing risks to financial and price stability.
Blockchain.com Suspends Crypto Custody for Russian Users
Blockchain.com has made it clear to its users that it would take the initiative of blocking Russian accounts from 27th October 2022. The firm took the
Website of OKX Exchange Blocked in Russia
The Prosecutor General Office of Russia has blacklisted the OKX Exchange, the third-largest crypto exchange by volume. As per the registry of a local NGO, Roskomsvoboda,
CBDC may be Used as Settlement Tool Between Russia and China
A senior Russian senator said that after establishing a digital rouble early next year, Russia intends to utilize the currency in mutual settlements with China as it
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