Putin Discusses BRICS Currency and Swift Alternative

October 21, 2024 Bitcoin.com

bitcoin.com

Russian President Vladimir Putin has emphasized the need for independent financial systems within BRICS, focusing on developing an alternative to Swift. He addressed the idea of a shared BRICS currency but urged caution, noting that it’s not yet fully developed. His remarks hinted at careful, deliberate moves, with broader financial strategies still unfolding. Russian President […]

Bitcoin’s Astronomical Returns: 14,211 New Millionaires and 4 New Billionaires Emerge

Putin Reveals Over 85% of CIS Trade Now in National Currencies

October 9, 2024 Bitcoin.com

Armenia

Russian President Vladimir Putin announced that more than 85% of trade within the Commonwealth of Independent States (CIS) is now conducted in national currencies, highlighting a move toward greater financial independence. This development is part of broader efforts by CIS countries to reduce reliance on foreign economic systems, particularly imports, and to build resilient financial […]

Bitcoin’s Astronomical Returns: 14,211 New Millionaires and 4 New Billionaires Emerge

Putin: Russia Examining Digital Currencies for Independent Payments

September 28, 2024 Bitcoin.com

bitcoin.com

Vladimir Putin highlighted that Russia is examining the use of national digital currencies to implement an independent and supranational alternative payment system. However, he also outlined the intricacies of building such a platform, given the level of integration of major trading partners with the current financial system. Russian President Acknowledges Relevance of Digital Currencies for […]

Bitcoin’s Astronomical Returns: 14,211 New Millionaires and 4 New Billionaires Emerge

BRICS Gains Global Appeal as 34 Countries Show Interest, Putin Reveals

September 13, 2024 Bitcoin.com

Argentina

Russian President Vladimir Putin revealed that 34 countries have shown interest in joining BRICS activities, highlighting the global appeal of the group. He detailed Russia’s role in facilitating the integration of new members, sharing updates on BRICS activities under Russia’s chairmanship. 34 Countries Show Interest in BRICS, Putin Says Russian President Vladimir Putin said on […]

Bitcoin’s Astronomical Returns: 14,211 New Millionaires and 4 New Billionaires Emerge

Putin Acknowledges Russia as a Bitcoin Mining Leader; 54,000 BTC Mined in 2023

September 10, 2024 Bitcoin.com

Bitcoin (BTC)

During his speech at the Eastern Economic Forum, President Vladimir Putin stated that Russia had become one of the world leaders in bitcoin mining. He explained that this was made possible due to the energy surplus that can be leveraged in areas like Siberia, but also warned that these activities should not hinder the region’s […]

Bitcoin’s Astronomical Returns: 14,211 New Millionaires and 4 New Billionaires Emerge

Putin Signs Law to Regulate Crypto Mining in Russia

August 10, 2024 Bitcoin.com

Bank of Russia

Russian President Vladimir Putin has enacted legislation to formally regulate the cryptocurrency mining sector in Russia, with the law set to take effect in November. This legislation establishes a regulated framework for mining operations, limiting participation from entities associated with electricity and prohibiting the promotion of cryptocurrencies. It also allows the circulation of mined cryptocurrency […]

Bitcoin’s Astronomical Returns: 14,211 New Millionaires and 4 New Billionaires Emerge

Cross-Border Digital Ruble Payments May Become a Reality in 2026

July 22, 2024 Bitcoin.com

Anatoly Aksakov

Generalized international settlements using the Russian digital ruble will not be available until 2026, according to statements from Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market. Aksakov stated that in 2025, authorities plan to expand the current pilot stage to implement these transactions within Russia. Subsequently, they will generalize and test […]

Bitcoin’s Astronomical Returns: 14,211 New Millionaires and 4 New Billionaires Emerge

Putin Envisions Official BRICS Parliamentary Organization

July 14, 2024 Bitcoin.com

bitcoin.com

Russian President Vladimir Putin believes that the BRICS economic bloc will have its own official parliamentary organization in the future. Speaking at the 10th BRICS Parliamentary Forum, Putin emphasized the importance of parliaments in promoting multilateralism and global security. He highlighted BRICS’ principles of democracy, sovereignty, and mutual respect, and called for collective efforts to […]

Bitcoin’s Astronomical Returns: 14,211 New Millionaires and 4 New Billionaires Emerge

Putin Says US Dollar Dominance Diminishing as Use of ‘Toxic Currencies’ Declines

June 12, 2024 Bitcoin.com

bitcoin.com

Russian President Vladimir Putin claims U.S. economic policies are diminishing the dollar’s global dominance. “Last year the share of payments for Russian exports in the unfriendly states’ so-called toxic currencies was halved,” he revealed, labeling the U.S.’s $1 trillion trade deficit as modern neocolonialism and emphasizing Russia’s shift towards using the ruble and local currencies […]

Bitcoin’s Astronomical Returns: 14,211 New Millionaires and 4 New Billionaires Emerge

Vladimir Putin Signs Off on Launch of Russia’s New CBDC Slated for 2025: Report

July 24, 2023 The Daily Hodl

CBDC

Russian President Vladimir Putin has reportedly given the green light on a new central bank digital currency (CBDC) bill, allowing for the launch of a digital ruble. According to a new report by the Russian business publication Vedomosti, the bill Putin signed into law allows for the country’s central bank to test pilot the digital […]

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