Bitcoin News / Bitcoin.com - 1 year ago
Russian Foreign Minister Sergey Lavrov has declared that the actions of the BRICS bloc, integrated by Brazil, Russia, India, China, and South Africa, are focused on reducing dependency on the economic system managed by the U.S. and its Western allies...
Bitcoin News / Bitcoinist - 1 year ago
According to a recent report by the Wall Street Journal, cryptocurrency giant Binance has ceased offering its clients the option to conduct peer-to-peer transactions through sanctioned Russian banks.
This decision comes just days after a Wall Street...
Cryptocoins News / The Cointelegraph - 1 year ago
The crypto exchange removed its “yellow” and “green” codewords from its list of payment methods, which previously referred to sanctioned Russian banks. Crypto exchange...
Cryptocoins News / The Cointelegraph - 1 year ago
The most common hindrances cited include insufficient information about the technology (22%) and concerns about cybertheft and system failures (21%). According to a re...
Bitcoin News / Bitcoin.com - 1 year ago
The Ministry of Economic Development of Russia does not expect the rapid development of a common currency for the BRICS bloc. Deputy Economic Development Minister Vladimir Ilyichev stated that “quick breakthroughs” on this issue are unlik...
Cryptocoins News / The Cointelegraph - 1 year ago
Despite the U.S. DOJ investigating Binance for violation of U.S. sanctions with its services in Russia, the firm has continued to promote its platform in the country....
Bitcoin News / Bitcoin.com - 1 year ago
The BRICS members are mulling over the possible launch of a common unit of account, Russia’s Minister of Finance Anton Siluanov unveiled. This would be an alternative to the U.S. dollar that can be used to denote the cost of some commodities, for exa...
Cryptocoins News / Blockchain - 1 year ago
Russian and CIS investors have filed a class action lawsuit against Atomic Wallet, claiming losses of around $12 million following a security breach in June. The lawsuit, coordinated by German lawyer Max Gutbrod and Moscow's Destra Legal, highlights...
Bitcoin News / Bitcoin.com - 1 year ago
Russian President Vladimir Putin said at the BRICS summit that “A balanced, irreversible process of de-dollarization of our economic ties is gaining steam.” The Russian leader stressed: “We oppose hegemonies of any kind and the exceptional status tha...
Cryptocoins News / Finance Magnates - 1 year ago
Binance
aided peer-to-peer (P2P) crypto transfers among Russians using at least
five banks sanctioned by Western governments after Russia launched a full-scale
invasion of Ukraine last year, the Wall Street Journal reported today (Tuesday). Citing th...
Bitcoin News / Bitcoin.com - 1 year ago
A market analyst says that the recent decline and volatility in the Chinese yuan, the Russian ruble, and to a lesser extent the Argentine peso, “will only add further challenges to the idea of de-dollarization.” He stressed that countries are “unable...
Bitcoin News / Bitcoin.com - 1 year ago
Chinese leader Xi Jinping and Russian President Vladimir Putin “will continue to advance the China-Russia comprehensive strategic partnership,” according to China’s Ministry of Foreign Affairs. The two leaders are set to participate in next wee...
Bitcoin News / Bitcoin.com - 1 year ago
The Russian currency’s exchange rate versus the U.S. dollar recently dropped below RUB100 per greenback — its lowest in 16 months. Economists attribute the ruble’s latest plunge to the effectiveness of a price cap imposed on Russian oil b...
Bitcoin News / Bitcoin.com - 1 year ago
Russia’s capital Moscow and 10 other cities will host pilot tests for the digital ruble, Bank of Russia Deputy Governor Olga Skorobogatova announced. Over a dozen Russian banks are going to take part in the trials with real transactions and users sch...
More / Bitcoin Reddit - 1 year ago
Here Bitcoin a hard money you can't fuck with. submitted by /u/barrelofwine [link] [comments]
Bitcoin News / Bitcoin.com - 1 year ago
The Bank of Russia has announced that all 13 banks intending to participate in the digital ruble pilot have already completed their preparations to join the upcoming test. Olga Skorobogatova, first deputy governor of the Bank of Russia, stated that c...
Bitcoin News / Bitcoinist - 1 year ago
The majority of Russian citizens seem to have no interest or trust in the Russian central bank digital currency (CBDC), according to two recent consumer surveys. This comes days after the Bank of Russia (BoR) unveiled the digital ruble’s official log...