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Pro-Russian Groups Raised $400,000 in Crypto Since Ukraine Invasion, Report Reveals

Pro-Russian Groups Raised 0,000 in Crypto Since Ukraine Invasion, Report RevealsGroups supporting Russia’s war effort in Ukraine have been actively collecting cryptocurrency to fund paramilitary operations and evade sanctions, researchers say. According to a new report, these organizations use Telegram to raise money then used to pay for equipment and training. Paramilitary Groups Employ Cryptocurrency to Fund Russian Operations in Ukraine Pro-Russian groups have reportedly […]

Fundstrat’s Tom Lee Says Positive Setup for Stock Market Forming, Sees Incoming Rebound for 2025

Latest EU Sanctions to Restrict Russians’ Access to Crypto Services in Europe, Report Unveils

Latest EU Sanctions to Restrict Russians’ Access to Crypto Services in Europe, Report UnveilsNew sanctions discussed by EU member states amid the current escalation of the conflict in Ukraine are going to restrict European crypto services for Russians. Reports about the tightening have come after earlier this year the Union banned only “high-value” crypto-asset services to Russian residents and companies. EU Expected to Target Crypto Services for Russians […]

Fundstrat’s Tom Lee Says Positive Setup for Stock Market Forming, Sees Incoming Rebound for 2025

Settlements With China — Russia Plans Next Step for Digital Ruble

Settlements With China — Russia Plans Next Step for Digital RubleRussia intends to use its digital ruble, to be introduced early next year, for payments with its key ally, China. Authorities in Moscow hope other nations will be willing to adopt the Russian digital currency in trade, which will allow the country to circumvent sanctions imposed over the Ukraine war. Russian Federation Eyes Digital Ruble […]

Fundstrat’s Tom Lee Says Positive Setup for Stock Market Forming, Sees Incoming Rebound for 2025

Crypto Payments May Not Help Russia Bypass Sanctions, Experts Say

Crypto Payments May Not Help Russia Bypass Sanctions, Experts SayRussia is preparing to authorize international crypto payments but people involved in the industry doubt this would allow the country to circumvent sanctions. At the same time, the United States has been tightening the noose, recently targeting the use of cryptocurrencies to dodge the financial restrictions imposed by the West with new legislation in Congress. […]

Fundstrat’s Tom Lee Says Positive Setup for Stock Market Forming, Sees Incoming Rebound for 2025

While the US Dollar Tramples the Euro, Pound and Yen, Russia’s Ruble Skyrockets Against the Greenback

While the US Dollar Tramples the Euro, Pound and Yen, Russia’s Ruble Skyrockets Against the GreenbackWhile the U.S. dollar has soared in value against a basket of worldwide fiat currencies, Russia’s ruble climbed 4.5% against the greenback this week. During the first week of September, Russia told the press China would pay for natural gas with rubles and yuan. Moreover, Switzerland’s imports of Russian gold reached a high not seen […]

Fundstrat’s Tom Lee Says Positive Setup for Stock Market Forming, Sees Incoming Rebound for 2025

Erdogan Suggests Turkish-Russian Payment System, Local Media Reports

Erdogan Suggests Turkish-Russian Payment System, Local Media ReportsTurkish President Recep Tayyip Erdogan is reportedly pushing for Turkey and Russia to establish a new payment system between them. The initiative comes amid U.S. pressure against the use of the Russian Mir cards in Turkey. Some Turkish banks have been working with them to facilitate payments by Russian tourists visiting the country. President Erdogan […]

Fundstrat’s Tom Lee Says Positive Setup for Stock Market Forming, Sees Incoming Rebound for 2025

Ukrainian Supermarket Chain to Accept Cryptocurrencies Through Binance Pay

Ukrainian Supermarket Chain to Accept Cryptocurrencies Through Binance PayVarus, a retailer with over 100 supermarket stores across Ukraine, has partnered with the world’s leading digital asset exchange, Binance, to launch cryptocurrency payments. Customers will now be able to order groceries online and cover the bill through a Binance Pay wallet. Ukrainians to Shop Online From Varus Supermarket Using Crypto Binance, the largest cryptocurrency […]

Fundstrat’s Tom Lee Says Positive Setup for Stock Market Forming, Sees Incoming Rebound for 2025

Sales of Hardware Crypto Wallets Decline in Russia With Easing Currency Restrictions

Sales of Hardware Crypto Wallets Decline in Russia With Easing Currency RestrictionsInterest in hardware wallets allowing cold storage of cryptocurrencies is decreasing among Russian users after this year’s surge that followed the invasion of Ukraine. The sale volumes for these devices have almost halved, according to a report quoting leading marketplaces. Russians’ Demand for Cold Storage Wallets Cools Down After Spike This Spring Retailers selling hardware […]

Fundstrat’s Tom Lee Says Positive Setup for Stock Market Forming, Sees Incoming Rebound for 2025

Russia’s Tech Giant Rostec to Test Digital Asset Payments in International Trade

Russia’s Tech Giant Rostec to Test Digital Asset Payments in International TradeRussia’s leading technology company, Rostec, is working on a project to integrate digital assets into cross-border trade. The state-owned corporation says the market is interested in cryptocurrency payments which can reduce sanctions pressure on Russian exporters and importers. Rostec Eyes Russky Island for Trials of Digital Currency Payments The largest Russian industrial and technology conglomerate, […]

Fundstrat’s Tom Lee Says Positive Setup for Stock Market Forming, Sees Incoming Rebound for 2025

Top Russian Lawmaker Joins Calls for Legalizing International Crypto Payments

Top Russian Lawmaker Joins Calls for Legalizing International Crypto PaymentsA high-ranking member of the Russian parliament has urged for the adoption of a relevant legal framework to properly regulate cross-border crypto payments. His proposal comes after key regulators in Moscow said that Russia needs to allow the use of cryptocurrencies in foreign trade, now that it’s having to deal with serious financial restrictions. Financial […]

Fundstrat’s Tom Lee Says Positive Setup for Stock Market Forming, Sees Incoming Rebound for 2025