Russia-China Trade Grows Despite Global Challenges, Putin Highlights

October 2, 2024 Bitcoin.com

bilateral

Russian President Vladimir Putin marked the 75th anniversary of the People’s Republic of China by praising the solid partnership between Russia and China. He emphasized the resilience of their economic relationship and increasing trade despite international challenges. Putin also highlighted the significance of their cooperation in multilateral organizations, showing the strategic alignment between the two […]

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

August 11, 2024 Bitcoin.com

Bank of Russia

Russian 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 […]

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Putin Calls to ‘Seize the Moment’ to Kickstart Digital Ruble and Crypto Adoption In Russia

July 19, 2024 Bitcoin.com

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President Vladimir Putin declared it was time for Russia to create the environment needed to increase the adoption of digital assets and the Russian CBDC, the digital ruble, as part of the country’s economic tissue. He also reported that over 30,000 transactions have been made in the pilot test phase of the digital ruble, with […]

Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

Putin on Dedollarization: 80% of Russia-China Trade in Rubles and Yuan

July 8, 2024 Bitcoin.com

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Russian President Vladimir Putin highlights economic integration and dedollarization at the Shanghai Cooperation Organisation (SCO) Heads of State Council meeting, chaired by Indian Prime Minister Narendra Modi. “We are making wider use of national currencies for mutual settlements,” Putin stated, adding that over 80% of commercial transactions between Russia and the People’s Republic of China […]

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Russia Looking at Using Stablecoins for International Payments: Russian State Media

July 3, 2024 The Daily Hodl

crypto

Russia is reportedly considering using stablecoins to make international payments, according to state-run media. According to a new report by Russian state publication Izvestia, Russia is looking to legalize the use of stablecoins to make cross-border payments. The report didn’t mention what type of stablecoins the Russian government is considering. The Deputy Chairman of Russia’s […]

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Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

Putin Criticizes U.S. Dollar’s Lack of Gold Backing, Calls for Alternative Payment Systems

June 17, 2024 Bitcoin.com

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Russian President Vladimir Putin criticized the United States for its abandonment of the gold standard, remarking in a Sputnik-released video that the U.S. dollar is now a trust-based currency without tangible backing, a decision underscored by the absence of gold equivalence. This critique arrives during efforts by BRICS countries to diminish reliance on the U.S. […]

Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

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

June 12, 2024 Bitcoin.com

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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 […]

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‘Really Stupid and a Huge Mistake:’ Putin Blasts US Actions Blocking Payments to China; Exporters Turn to Small Banks and Crypto

May 20, 2024 Bitcoin.com

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Russian President Vladimir Putin charged against the U.S. actions seeking to block Russian payments to China and other countries. During a two-day trip to China, the Russian leader emphasized that this strategy was “really stupid and a huge mistake,” considering that these actions affected the status of the U.S. dollar as a reserve currency. Russian […]

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Officials From the US and UK Investigate Crypto Transfers to Russian Exchange Valued at $20,000,000,000: Report

March 28, 2024 The Daily Hodl

crypto

Authorities from the US and UK are reportedly investigating $20 billion worth of crypto assets sent to a Russian crypto exchange platform. According to a new report by Bloomberg, anonymous sources familiar with the incident say that officials from the US and UK are looking into the matter as part of a crackdown effort against […]

The post Officials From the US and UK Investigate Crypto Transfers to Russian Exchange Valued at $20,000,000,000: Report appeared first on The Daily Hodl.

Crypto Analyst Predicts Incoming Bitcoin Parabolic Rally, Says BTC at Point Where Things Get Exciting

Russia Regulates Use of Digital Assets for International Settlements

March 15, 2024 Bitcoin.com

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Russia has integrated the use of digital assets as payment for international transactions in its legislation. President Vladimir Putin signed into law a document that describes using these assets as payment for international settlements, a use case not contemplated in any law, appointing the Central Bank of Russia as the overseer of these transactions. Russia […]

Vladimir Putin

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