Bitcoin News / Bitcoin.com - 3 weeks ago
Nearly 40 countries will participate in the BRICS Plus/Outreach session, expanding the reach of the 2024 BRICS Summit hosted by Russia. The summit will address cooperation in politics, security, and economics. A central focus will be the expansion of...
Bitcoin News / Bitcoin.com - 3 weeks ago
Bitriver, a Russian data mining company, has partnered with the Russian Direct Investment Fund (RDIF) to expand data center infrastructure and AI projects across BRICS countries. The goal is to boost Russia’s presence in AI and cryptocurrency m...
Bitcoin News / Bitcoin.com - 3 weeks ago
Russian President Vladimir Putin has unveiled a plan to introduce digital currencies as a key tool for investment for the BRICS alliance. This proposal aims to boost economic growth in developing nations, with a focus on minimizing inflationary risks...
Bitcoin News / Google News Bitcoin - 3 weeks ago
Russia Pushes Digital Currency Plan for BRICS — Is This the End of Western Financial Dominance?& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 3 weeks ago
Russia is determined to create a domestic payment system to conduct trade and international transactions free from current disruptions. Mikhail Mishustin, Prime Minister of Russia, stated that this will be a joint effort by many institutions to achie...
Bitcoin News / Bitcoin.com - 3 weeks ago
The BRICS summit, not the U.S. presidential election, will be the defining event of global history, a Russian official claims. With BRICS expanding and 65% of its transactions now in national currencies, they argue the world is shifting away from U.S...
Bitcoin News / Bitcoin.com - 3 weeks ago
A Fellow at the Carnegie Russia Eurasia Center and former adviser at the Central Bank of Russia has weighed in on the digital ruble, Russia’s central bank digital currency (CBDC), highlighting its potential role in reshaping Russia’s financial...
Bitcoin News / Google News Bitcoin - 3 weeks ago
Digital Ruble and Sanctions: Expert Analyzes Russia's Digital Currency Plan to Evade Western Control& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 4 weeks ago
Russia’s financial regulator maintains that its anti-money laundering system, including strengthened virtual currency regulations, remains effective even if the country faces potential blacklisting by the Financial Action Task Force (FATF). The...
Bitcoin News / Bitcoin.com - 4 weeks ago
Russia has just unveiled a plan to reduce its reliance on the US-dominated global financial system. The plan is seen as a response to crippling Western sanctions. The plan involves setting up mutual centers for trading commodity resources, which will...
Bitcoin News / Bitcoin.com - 1 month ago
Russian Finance Minister Anton Siluanov believes that the policies of the US and its Western allies are affecting the role of the U.S. dollar as a reserve currency. Siluanov stated that while the U.S. dollar will remain popular, the BRICS bloc will d...
Bitcoin News / Bitcoin.com - 1 month ago
China has reaffirmed its commitment to closer relations with Russia through major international platforms like BRICS and the Shanghai Cooperation Organization (SCO). At an event celebrating 75 years of diplomatic relations, State Councilor Shen Yiqin...
Bitcoin News / Bitcoin.com - 1 month ago
Russia’s Deputy Foreign Minister has stated that discussions on a single currency for the BRICS economic bloc are premature due to differences in financial regulation among member nations. Instead, the focus remains on enhancing financial sover...
Bitcoin News / Bitcoin.com - 1 month ago
Igor Runets, owner and CEO of Bitriver, commented on the growth potential of the Russian bitcoin mining industry following the approval of the mining law in the country. Runets stated that, due to the several advantages provided by the law, the Russi...