A recent report by VanEck has disclosed that China and Russia are settling energy trade with Bitcoin and other cryptos. Multiple countries have also been reported to explore ways to…
Browsing: Russia
Russian bailiffs have recently been granted the authority to convert confiscated Bitcoin from criminal activities into state revenue. The Russian government has seized millions in cryptocurrency from illicit activities, but…
Russia is using cryptocurrencies like Bitcoin, Ethereum, and Tether in its oil trade with China and India to bypass Western sanctions. Some Russian oil companies convert yuan and rupees into…
Russia is reportedly using cryptocurrencies for oil trade with China and India, according to four anonymous sources who declined to be identified due to the issue’s sensitivity. This move comes…
Russia is moving forward with a gold digital asset pilot to find advanced payment solutions for the BRICS bloc. BRICS member states risk tariff hikes from the US amid a…
Tether froze over $28M in Garantex wallets, forcing the Russian exchange to halt withdrawals amid growing regulatory scrutiny.
Russia’s Finance Ministry confirms it won’t add crypto to the National Welfare Fund, keeping its focus on yuan and gold for stability.
Russia and India now conduct nearly 90% of direct transactions in national currencies, strengthening financial ties and reducing reliance on the U.S. dollar. India-Russia trade surged 8.6% to $64.5 billion…
Russia’s Investigative Committee has proposed amendments with the aim of regulating the seizure and freezing of cryptocurrencies in criminal cases, addressing gaps in existing legislation. Legal experts in Russia are…
Rosseti, Russia’s state-owned electricity giant, intends to convert surplus energy into profit by utilizing idle power for Bitcoin mining, effectively repurposing excess electricity for the country’s grid. Rosseti aims to…
Russia and Iran have joined forces to create an alternative to the SWIFT payment system, aiming to bypass the international financial network controlled by the West. Both countries plan to…