Bitcoin News / Bitcoin.com - 1 year ago
Fewer nations are willing to hold the U.S. dollar as America’s share in the global economy becomes smaller while China’s role in international trade expands, billionaire Ray Dalio noted. The founder of the world’s largest hedge fund also said that We...
Cryptocoins News / The Cointelegraph - 1 year ago
The Russian digital ruble pilot launch was delayed until at least May, but the government still hopes to kick off the currency in 2024. The pilot for Russia’s central...
Cryptocoins News / The Cointelegraph - 1 year ago
Russia’s central bank plans to create new institutions to mine crypto assets and settle international payments. Russia is taking further steps to mitigate global san...
Bitcoin News / Bitcoin.com - 1 year ago
Bank of Russia is building a system of gateways with foreign payment networks and is now working with Turkey in this field. Russia’s monetary authority would also allow the experimental use of cryptocurrencies in foreign economic activities, its head...
Bitcoin News / Bitcoin.com - 1 year ago
Sergey Lavrov, the Russian foreign minister, started his tour of Latin America on April 17, landing first in Brasilia to hold high-level talks with Brazilian President Luiz Inacio ‘Lula’ da Silva and Brazilian Foreign Minister Mauro Vieir...
Bitcoin News / Bitcoin.com - 1 year ago
Russia is in the process of negotiating a free trade deal with India in order to substitute part of the products and investments that were banned by sanctions enacted after the Ukrainian conflict erupted. Russia is now the largest oil supplier of Ind...
Bitcoin News / Bitcoin.com - 1 year ago
Former Treasury Secretary Lawrence Summers has expressed concerns that a rising number of countries, including China, Russia, and the Middle East, are aligning themselves and gaining global influence. “I think [it] is a huge challenge for the United...
Bitcoin News / Bitcoin.com - 1 year ago
Russia’s foreign minister says a flight from the U.S. dollar “is sure to accelerate,” emphasizing that “this trend is irreversible.” The official added: “The path of sanctions is the path to nowhere. Serious countries an...
Bitcoin News / Bitcoin.com - 1 year ago
A report from the research department of the Bank of Russia shows that, due to the structure of foreign trade contracts, it will be difficult to ditch the usage of the U.S. dollar to settle payments. The analysts found that contracts are often denomi...
Bitcoin News / Bitcoin.com - 1 year ago
The Russian central bank has attributed the ruble’s latest plunge against the U.S. dollar to the temporary reduction “in sales of foreign currency earnings by exporters.” The central bank also revealed that the Chinese yuan accounte...
Bitcoin News / Bitcoin.com - 1 year ago
Officials of the U.S. Treasury Department will travel to Europe this month with the objective of getting more countries to apply punitive actions against Russia. The tour, which includes visits to Switzerland, Italy, and Germany, aims to stop the mat...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. President Joe Biden decided to extend the sanctions that the U.S. government enacted against Russia for one more year, arguing that the country continues to pose a threat to the security of the nation. Biden had talked about these sanctions befo...
Bitcoin News / Bitcoin.com - 1 year ago
Russian investigators are pressing the parliament and government in Moscow for permission to open their own cryptocurrency wallets. This would allow law enforcement agencies to seize digital assets during criminal cases and eventually sell them, some...
Bitcoin News / Bitcoin.com - 1 year ago
Russia is now ranking second in terms of energy capacities engaged in the extraction of cryptocurrencies, new data suggests. Despite persisting regulatory uncertainty and the negative effects of sanctions, the amount of power devoted to the sector ha...
Bitcoin News / Bitcoin.com - 1 year ago
Digital asset exchanges must be obliged to provide user information to Russia’s law enforcement agencies, the country’s Prosecutor General has insisted. The circulation of cryptocurrencies in the Russian Federation needs to be regulated to counter mo...
by COINS NEWS - 1 year ago
Nexta, an Eastern European news agency is citing Interfax in a report that Russian authorities are preparing for mass seizure of cryptocurrency. https://twitter.com/nexta_tv/status/1644744757577494528 The full text of the tweet is: Russian authoriti...