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Kremlin Warns: Global Concerns Grow Over Dollar’s Political Use

Kremlin Warns: Global Concerns Grow Over Dollar’s Political UseKremlin spokesman Dmitry Peskov noted that the abuse of the U.S. dollar as a political instrument has caused other nations to be concerned about potential roadblocks to using the currency in the future. Kremlin Highlights Nations’ Concerns on the U.S. Dollar Weaponization The Kremlin has referred to the negative reactions that the current strategy surrounding […]

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Dos and Don’ts: Finance Minister Explains Russia’s Cryptocurrency Strategy

Dos and Don’ts: Finance Minister Explains Russia’s Cryptocurrency StrategyAnton Siluanov, Russia’s Finance Minister, has clarified how cryptocurrency will be utilized in the country’s financial system now that mining has become legal. Siluanov stated that international settlements will be the primary use case for crypto. Finance Minister States Russia’s Cryptocurrency Strategy Focuses on International Settlements Russia is now in the process of defining the […]

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Beyond the Dollar: Russia’s Path to Economic Independence Emerges

Beyond the Dollar: Russia’s Path to Economic Independence EmergesRussia is reshaping global finance, pivoting from the dollar to local currencies as more nations rally for alternatives to U.S. dominance in global transactions. A New Currency Frontier? Russia’s Strategy Signals Global Shift Kremlin spokesman Dmitry Peskov emphasized on Wednesday that Russia is not attempting to undermine the U.S. dollar, but instead is committed to […]

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Stablecoin Issuer Tether’s USDT Potentially Seeing Rise in Adoption in Sanctioned Countries: Report

Stablecoin Issuer Tether’s USDT Potentially Seeing Rise in Adoption in Sanctioned Countries: Report

The world’s largest stablecoin by market cap is reportedly potentially seeing a rise in adoption amongst sanctioned nations. Citing data from market intelligence platform Chainalysis, Bloomberg reports that stablecoin issuer Tether’s USDT is seeing increased usage at time zones correlated with major cities in Eastern Europe, the Middle East and Africa, including sanctioned nations such […]

The post Stablecoin Issuer Tether’s USDT Potentially Seeing Rise in Adoption in Sanctioned Countries: Report appeared first on The Daily Hodl.

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Ripple CEO Loses Bank Account, Russia’s New Crypto Law, and More — Week in Review

Ripple CEO Loses Bank Account, Russia’s New Crypto Law, and More — Week in ReviewRipple CEO loses his long-term bank account, Russia publishes new crypto law, BRICS payment system aims to be a SWIFT substitute, and more in this Week in Review. Week in Review Ripple’s CEO recently disclosed the closure of his 25-year-old bank account, citing his leadership role in a crypto firm as a potential cause. Russia […]

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Russia’s Sweeping Crypto Mining Regulations Take Effect, Setting Strict New Rules

Russia’s Sweeping Crypto Mining Regulations Take Effect, Setting Strict New RulesRussia’s sweeping crypto mining regulations took effect Nov. 1, transforming the industry with strict energy caps, mandatory registration, and stringent oversight. Russia’s Crypto Law Takes Effect, Sparking Changes in Energy and Oversight On Nov. 1, the Russian government introduced a regulatory framework for cryptocurrency mining, marking the implementation of a law signed by President Vladimir […]

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A 36-Digit Debt: Google’s Penalty in Russia Climbs Beyond Imagination

A 36-Digit Debt: Google’s Penalty in Russia Climbs Beyond ImaginationGoogle faces a spiraling fine from Russia, surpassing two undecillion rubles and doubling weekly, with potential service blocks looming as tensions escalate. Google and the Unending Fine: How a 36-Digit Debt May Be Just the Start Tech giant Google now owes over two undecillion rubles to the Russian government, a 36-digit sum that doubles daily […]

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A 36-Digit Debt: Google’s Penalty in Russia Climbs Beyond Imagination

A 36-Digit Debt: Google’s Penalty in Russia Climbs Beyond ImaginationGoogle faces a spiraling fine from Russia, surpassing two undecillion rubles and doubling weekly, with potential service blocks looming as tensions escalate. Google and the Unending Fine: How a 36-Digit Debt May Be Just the Start Tech giant Google now owes over two undecillion rubles to the Russian government, a 36-digit sum that doubles daily […]

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Over 30 Nations Seek Stronger BRICS Ties — Russia Leads Strategic Talks

Over 30 Nations Seek Stronger BRICS Ties — Russia Leads Strategic TalksRussia reveals that over 30 nations are pursuing deeper engagement with BRICS, aiming to finalize an expansion list by the year’s end amid unprecedented alliance growth. Russia Confirms Over 30 Countries Eye Deeper BRICS Alliance Russia plans to consult with over 30 countries interested in deeper engagement with the BRICS bloc by the year’s end, […]

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Russia to Ban Crypto Mining in Key Regions as Energy Shortages Intensify

Russia to Ban Crypto Mining in Key Regions as Energy Shortages IntensifyRussia is moving to ban cryptocurrency mining in energy-restricted regions, citing severe power shortages that could jeopardize long-term stability until 2030. Crypto Miners Face a Major Blow in Russia’s Energy-Restricted Zones Russian Deputy Energy Minister Yevgeny Grabchak has stated that digital currency mining will soon be banned at the state level in several Russian regions […]

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