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BRICS Currency Plans? Russia Says Investment Comes First
3.2.2025
BRICS is focusing on investment partnerships over currency unification, Russian officials indicated, as discussions around reducing reliance on the U.S. dollar continue amid global economic shifts. Russia Puts BRICS Currency Speculation to Rest—Here’s the Bloc’s Real Financial Agenda Russian...
Hungary Threatens to Block EU Sanctions on Russia, Citing 19 Billion Euros in Losses
1.2.2025
Hungary is threatening to block EU sanctions against Russia, citing €19 billion in losses and accusing Brussels of failing to uphold energy security commitments, Prime Minister Viktor Orban warned. EU’s Russia Sanctions at Risk—Hungary Says Economic Damage Is Too High Hungary is prepared to block...
Russia reacts to Trump tariff threat: BRICS not seeking a dollar alternative
31.1.2025
A potential “BRICS currency” will not be a rival to the US dollar, but rather a tool for mutual investment within the group, Kremlin spokesman Dmitry Peskov said
Russia reacts to Trump tariff threat: BRICS not seeking a dollar alternative
31.1.2025
A potential “BRICS currency” will not be a rival to the US dollar, but rather a tool for mutual investment within the group, Kremlin spokesman Dmitry Peskov said
Russia reacts to Trump tariff threat: BRICS not seeking a dollar alternative
31.1.2025
A potential “BRICS currency” will not be a rival to the US dollar, but rather a tool for mutual investment within the group, Kremlin spokesman Dmitry Peskov said
Russia reacts to Trump tariff threat: BRICS not seeking a dollar alternative
31.1.2025
A potential “BRICS currency” will not be a rival to the US dollar, but rather a tool for mutual investment within the group, Kremlin spokesman Dmitry Peskov said
Russia reacts to Trump tariff threat: BRICS not seeking a dollar alternative
31.1.2025
A potential “BRICS currency” will not be a rival to the US dollar, but rather a tool for mutual investment within the group, Kremlin spokesman Dmitry Peskov said
Nearly 3 Million Have Enrolled in the Russian Unified Biometric System
31.1.2025
About 3 million citizens have registered their personal data on the Russian Unified Biometric System. Authorities state that the population is warming to the use of these technologies, as 80% of registrations occurred last year. Russian Unified Biometric System Gets Closer to 3 Million Users...
Russian Grid Operator Rosseti Eyes Crypto Mining to Power Up Underused Plants
27.1.2025
Rosseti, Russia’s electric grid operator, is exploring crypto mining to utilize electricity from power plants with low consumption. This could involve building mining centers and potentially coordinating their placement nationwide. Boosting Rosseti’s Revenues The Russian electric grid...
Russian State Duma Profiles Digital Ruble as a Sanctions-Sidestepping Tool
27.1.2025
The Russian State Duma is considering using the digital ruble to maintain transparency in public spending and to sidestep sanctions. Deputy Chairman of the State Duma Committee on Economic Policy Artem Kiryanov highlighted the importance of these use cases for Russia’s future. Russian State...
Russia’s Largest Energy Provider Rosseti Considering Crypto Mining
27.1.2025
Russia’s largest energy supplier, Rosseti, plans to launch a cryptocurrency mining business. This initiative will allow specific power…
Russia and Indonesia Actively Discuss Mechanisms to Ditch US Dollar
26.1.2025
Russia and Indonesia are moving toward ruble-rupiah trade settlements as sanctions and Russia’s SWIFT exclusion drive efforts to establish sustainable, dollar-free financial systems. Indonesia-Russia Trade Sees Shift to Ruble and Rupiah Settlements The global trend of reducing dependence on...
Russia to Launch Unified Facial Payment System
23.1.2025
Russia will have a unified facial payment system by the second half of 2025, aiming to onboard millions as non-card payment systems gain preference. Sber and NSPK, which operates the Mir card payment system, will join forces to establish standards and achieve interoperability. Sber and NPSK Join...
Russia and Iran Unite to Completely Replace SWIFT With Alternative Payment System
18.1.2025
Russia and Iran are forging a confidential financial system to replace SWIFT, signaling a bold move to bypass Western dominance and reshape global economic power dynamics. Russia and Iran Deepen Ties in Push to Abandon SWIFT Completely Russia and Iran are collaborating to establish a secure...
Russian National Jailed for Funding Ukrainian Forces With Crypto
16.1.2025
A Russian national was sentenced to seven years in prison for high treason involving cryptocurrency. The individual repeatedly transferred funds to a unit of the Ukrainian Armed Forces using crypto. Russian National Sentenced to 7 Years in Jail for Using Crypto to Fund Ukrainian Forces One of...
Dedollarization Advances: Russia and Myanmar Discuss National Currency Payment System
15.1.2025
Efforts to trade using national currencies are intensifying, as nations aim to reduce reliance on the U.S. dollar and Western financial systems while boosting economic independence. Russia’s Plans for National Currency Payment Systems Signal Declining Dollar Use Countries worldwide...
CFTC chair’s exit, Russia’s Bitcoin seizure, Kenya’s IMF warning: Law Decoded
13.1.2025
Rostin Behnam exits the US CFTC and calls for stronger regulation, Russia confiscates $10 million in Bitcoin and the IMF advises Kenya on crypto regulations
CFTC chair’s exit, Russia’s Bitcoin seizure, Kenya’s IMF warning: Law Decoded
13.1.2025
Rostin Behnam exits the US CFTC and calls for stronger regulation, Russia confiscates $10 million in Bitcoin and the IMF advises Kenya on crypto regulations
CFTC chair’s exit, Russia’s Bitcoin seizure, Kenya’s IMF warning: Law Decoded
13.1.2025
Rostin Behnam exits the US CFTC and calls for stronger regulation, Russia confiscates $10 million in Bitcoin and the IMF advises Kenya on crypto regulations
CFTC chair’s exit, Russia’s Bitcoin seizure, Kenya’s IMF warning: Law Decoded
13.1.2025
Rostin Behnam exits the US CFTC and calls for stronger regulation, Russia confiscates $10 million in Bitcoin and the IMF advises Kenya on crypto regulations