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Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say

Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency SayBank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the 2021 record. This year’s high numbers are coming after 2022 became the worst annual period in seven years for the sanctioned Russian banking sector in terms of financial outcome. Banks in Russian Federation Headed for […]

Michael Saylor’s Poll: Most Believe Bitcoin Will Hit $100K by New Year

Venezuela Might Be Affected by Russian Banks’ SWIFT Suspension

Venezuela Might Be Affected by Russian Banks’ SWIFT SuspensionAnalysts from Venezuela have expressed their worries about the expulsion of a number of Russian banks from SWIFT, an international messaging system that allows the interconnection of banks. These measures could affect the finances not only of Venezuela, but also of other countries in the region, damaging their capability to move funds, which is highly […]

Michael Saylor’s Poll: Most Believe Bitcoin Will Hit $100K by New Year

Russian Banks Begin Testing Digital Ruble Payments

Russian Banks Begin Testing Digital Ruble PaymentsBanks in Russia are preparing to dive into the pilot phase of the digital ruble project and some are already testing transactions with the currency. Trials have started with customer-to-customer (C2C) payments and Bank of Russia plans to expand the types of operations in the future. Digital Ruble Pilot Launches With 12 Participating Banks The […]

Michael Saylor’s Poll: Most Believe Bitcoin Will Hit $100K by New Year