1. Home
  2. Russia

Russia

BRICS Countries Deem US Dollar Less Important in Global Trade, Says Indian Expert

BRICS Countries Deem US Dollar Less Important in Global Trade, Says Indian ExpertThe vice chairman of the BRICS Chamber of Commerce and Industry, Sameep Shastri, has highlighted the economic bloc’s shift away from reliance on the U.S. dollar, opting instead to trade using their national currencies like the Russian ruble, Indian rupee, and Chinese yuan. He underscored the importance of economic self-reliance and the challenge to Western […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Putin Signs Law to Advance Cryptocurrency Use in Russia’s International Trade

Putin Signs Law to Advance Cryptocurrency Use in Russia’s International TradeRussian President Vladimir Putin has signed a new law to establish experimental legal frameworks to advance digital technologies, particularly cryptocurrencies, in international trade. The legislation allows for the modification of laws to facilitate cryptocurrency transactions, including cross-border trade, and grants the Bank of Russia oversight of pilot projects related to digital currencies. Putin Signs Law […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Putin Signs Law to Regulate Crypto Mining in Russia

Putin Signs Law to Regulate Crypto Mining in RussiaRussian 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 […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Latam Insights Encore: El Salvador’s Proposal Opens the Door for Crypto-Based International Settlements

Latam Insights Encore: El Salvador’s Proposal Opens the Door for Crypto-Based International SettlementsWelcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss the recent proposal from El Salvador to settle their trade transactions with Russia using crypto, and how this might encourage other nations to do the same. El Salvador Might Start […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Latam Insights: El Salvador Proposes Using Crypto for International Settlements; First Bitcoin-Funded Company Registered in Argentina

Latam Insights: El Salvador Proposes Using Crypto for International Settlements; First Bitcoin-Funded Company Registered in ArgentinaWelcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: El Salvador proposes using crypto as a tool to complete international settlements with Russia, Argentina registers its first bitcoin-funded company, and the Polymarket Venezuelan presidential election bet is still undecided. Russian Diplomat: El […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Iran Backs Russia on BRICS Single Currency Initiative

Iran Backs Russia on BRICS Single Currency InitiativeIran plans to support Russia’s initiatives on creating a BRICS single currency and expanding national currency payments within the bloc, according to Iran’s Ambassador to Moscow, Kazem Jalali. The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring the creation of a new currency to reduce reliance on the U.S. dollar and mitigate […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

State Duma Financial Market Committee Leader Envisions Bitcoin and Digital Ruble Exchanges

State Duma Financial Market Committee Leader Envisions Bitcoin and Digital Ruble ExchangesAnatoly Aksakov, chairman of the Financial Market Committee of the State Duma, the Russian equivalent to the U.S. House of Representatives, has predicted that bitcoin and digital ruble exchanges will become a reality in the coming years. Aksakov also foresees the need for digital ruble-based P2P markets to serve this goal in the future. Russians […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

‘Comrades in Crime’ – New Research Shows Russian-Speaking Actors Account for Most Ransomware Crypto Attacks

‘Comrades in Crime’ – New Research Shows Russian-Speaking Actors Account for Most Ransomware Crypto Attacks

New research from TRM Labs shows that Russian-speaking actors play the largest role in most crypto-related cybercrimes. According to a TRM Report, the crypto-enabled cybercrimes include darknet drug sales, illicit crypto exchange activity, and ransomware schemes. “Ransomware: Russian-speaking ransomware groups accounted for at least 69% of all crypto proceeds from ransomware in 2023, exceeding USD […]

The post ‘Comrades in Crime’ – New Research Shows Russian-Speaking Actors Account for Most Ransomware Crypto Attacks appeared first on The Daily Hodl.

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Russia To Permit Use of Crypto for Global Payments Amid Western Sanctions: Report

Russia To Permit Use of Crypto for Global Payments Amid Western Sanctions: Report

Russian lawmakers have reportedly passed a bill that will enable the nation to use cryptocurrency in international trade. Reuters reports that the law is expected to take effect in September. Russian Central Bank Governor Elvira Nabiullina says the first crypto transactions will likely happen within the year. The law will only allow businesses to use […]

The post Russia To Permit Use of Crypto for Global Payments Amid Western Sanctions: Report appeared first on The Daily Hodl.

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Russia to Initiate Crypto Payments Internationally by Year-End, Central Bank Governor Says

Russia to Initiate Crypto Payments Internationally by Year-End, Central Bank Governor SaysRussia plans to launch international cryptocurrency payments by the end of the year to counter Western sanctions, according to the governor of the Bank of Russia. The central bank is prepared to be flexible and is already discussing the conditions of this initiative with various ministries, agencies, and businesses. In addition, Russia’s State Duma, the […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report