Bitcoin News / Bitcoin.com - 1 day ago
Russia’s digital ruble rollout is delayed as the central bank refines its economic model, despite a successful pilot with 15 banks, 1,700 citizens, and 30 businesses participating. Bank of Russia Delays Digital Ruble Rollout The Bank of Russia has de...
Bitcoin News / Bitcoinist - 4 days ago
According to a report uploaded on February 18, last year, Russia’s Rosseti Group, a major player in the nation’s electricity sector, reported damages of over 1.3 billion rubles (approximately $14.2 million) caused by “unauthorized” crypto...
Bitcoin News / Bitcoin.com - 1 week ago
As Russia anticipates a possible return of Western corporations, President Vladimir Putin has instructed his cabinet to prioritize domestic firms over foreign businesses seeking to re-enter the market. This move follows economic sanctions imposed aft...
Bitcoin News / Bitcoin.com - 1 week ago
Russia’s Supreme Court is pushing to classify cryptocurrency as property in penal cases, aiming to strengthen law enforcement’s ability to track, freeze, and confiscate illicit digital assets. Russia’s Supreme Court Advances Crypto Legalization Effor...
Cryptocoins News / CoinJournal - 1 week ago
FTX creditors in several countries, China, Russia and Ukraine included, unable to participate in claims.
The FTX bankruptcy estate is however said to be evaluating options.
The FTX estate has begun its creditor repayments that could see more than $...
Bitcoin News / Bitcoin.com - 1 week ago
Biden’s sanctions weakened the U.S. dollar, cost American companies $300 billion, and made Russia more self-reliant, a top Russian investment official said. Effects of Biden’s Economic Policies and Sanctions on Russia Kirill Dmitriev, chi...
Bitcoin News / Bitcoin.com - 1 week ago
The bitcoin mining ban imposed by Russian authorities has helped reduce the load on the Siberian power grid, thereby avoiding potential power rationing and restrictions necessary to preserve the region’s outdated energy infrastructure. Ministry...
Bitcoin News / Bitcoin.com - 1 week ago
Russian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network congestion, equipment damage, and criminal investigations. Unauthorized Crypto Mining Results in Heavy Losses...
Bitcoin News / Bitcoin.com - 1 week ago
Hungary’s economy is rebounding as potential peace talks between Russia and the U.S. fuel market optimism, with leaders stressing the financial benefits of diplomatic progress. Hungary’s Economy Gains as Peace Talks Show Promise Diplomatic developmen...
Bitcoin News / Bitcoin.com - 1 week ago
Visa and Mastercard may attempt a comeback in Russia, but the country’s financial system has already moved on. Could they reclaim lost ground, or is it too late? Visa and Mastercard May Be Returning to Russia Visa and Mastercard may attempt to re-ent...
Bitcoin News / Bitcoin.com - 1 week ago
Russia claims it can reconnect to SWIFT anytime but questions its relevance as digital finance evolves. Could SWIFT become obsolete as BRICS nations develop alternatives? Russia Calls SWIFT Obsolete—Is Crypto the Key to the New Financial Order? Russi...
Bitcoin News / Bitcoin.com - 1 week ago
BRICS is set to dominate 40% of the global economy by 2030, while the West’s share shrinks to 27%, Russian Economic Minister Maksim Reshetnikov said. Global Power Shift: BRICS Economy Surges While the West Faces Sharp Decline The BRICS alliance is po...
Bitcoin News / Bitcoin.com - 2 weeks ago
Russia is turning its back on the G7, calling it outdated, and shifting its focus to BRICS, SCO, and G20 as the new pillars of global influence. Russia Chooses BRICS and G20 Over ‘Outdated’ G7 Russia is prioritizing BRICS, the Shanghai Co...
Bitcoin News / Bitcoin.com - 2 weeks ago
The U.S. may lift sanctions on Russia if Ukraine negotiations progress, an expert says, as the Trump administration commits to immediate diplomatic talks amid shifting global economic alliances. Potential US Sanctions Relief on Russia Amid Ukraine Ne...
Bitcoin News / Bitcoinist - 2 weeks ago
International authorities are ramping up their efforts to stop groups and individuals using the LockBit ransomware to target unsuspecting users. The latest was the crackdown on the Russia-based Zservers, a bulletproof hosting service provider that al...