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 (Latest Publications)
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
Bitcoin Rebounds Strongly above $18k; is the Rout Over?
Bitcoin prices recovered on September 22, rallying from $18.5k. However, BTCUSDT remains within a bear breakout formation.
Russian Businesses Can Use Crypto Internationally Under the New Bill
An official from the Russian Finance Ministry has confirmed there will be a bill soon that enables businesses to negotiate on their own the use of
By the End of the Year, Russia Will Set Cross-Border Crypto Payment Rules
The Prime Minister of Russia, Mikhail Mishustin, said on Tuesday that a consensus must be reached by the government regarding crypto regulations in Russia by December
Cross-border Crypto Payments Will be Legalized by the Bank of Russia
As a result of geopolitical changes, the Bank of Russia has reported that it will allow cross-border payments in cryptocurrency due to the power of crypto.
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