Browsing: Russia

Starting September 2024, Russia will use cryptocurrencies like Bitcoin for international trade, circumventing Western sanctions. This move could reshape global trade finance and highlight Russia’s shift toward digital currencies.

Russia officially legalizes Bitcoin and cryptocurrency mining with a new law signed by President Putin, marking a strategic shift in digital asset management. Explore how this change could affect global cryptocurrency markets and Russia’s economic strategies amid Western sanctions.

Key Takeaways Russia is advancing legislation to integrate cryptocurrency more deeply into its economic framework, Bloomberg reports. Lawmakers in the lower house of the Federal Assembly…

This action arrives as leaders from the G7 nations are going to meet in Puglia, Italy, starting tomorrow.

Mark Feygin spearheads a groundbreaking referendum challenging Russia’s election legitimacy using #Russia2024, a blockchain-based app designed to protect voter anonymity. Can technology reshape Russian democracy?

Slavik Fokin, an executive and investor in the blockchain space, describes his experience of staying in Ukraine during the war.

The market value of stablecoins has risen steadily driven by the strong market demand.

The cards of the two American companies issued by Russian banks will stop operating in shops and ATMs outside Russia in the coming days.

Economic sanctions have led to the collapse of the Russian ruble, making it difficult for Russian citizens to protect their savings or purchase basic necessities.

The US and EU nations will ensure that Russian banks are removed from the SWIFT messaging system, disconnecting them from the international financial system and restrict their ability to operate globally.