You Searched For "bank of russia cryptocurrencies" and got 20 results
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2 mins read
China's trade with Russia is getting so difficult that payments can take half a year and most bank transfers are returned
Chinese banks are tightening compliance checks, fearing repercussions from Western sanctions.
Huileng Tan
2 mins read
Russia is turning to crypto as sanctions snarl payments, report says
Russia could start cryptocurrency exchange trails as soon as next month, in order to solve payment …
Filip De Mott
5 mins read
Countries from Russia to China are building payments systems that could threaten the dollar's global dominance
Cryptocurrencies, SWIFT alternatives, and even the barter system could reshape global payments amid…
Huileng Tan
3 mins read
Sanctions-hit Russia is rushing to set up payment systems, including crypto, to make trading easier
Russia is facing so many issues with its international trade payments that it's shifting its previo…
Huileng Tan
6 mins read
Bitcoin’s bizarre hike renewed enthusiasm last quarter! What does the future hold for investors?
In the ever-evolving landscape of finance, few phenomena have captured the imagination and attentio…
2 mins read
The Chinese yuan has helped fund Russia's trade and war machine — but those days may be numbered
Russia is looking into alternative payments infrastructure — which a top Russian banker said should…
Huileng Tan
2 mins read
How China and Russia are reportedly using 'underground' channels to get around sanctions
Chinese firms that trade with Russia are seeking alternatives to official finance channels, as the …
Filip De Mott
1 min read
The Russian central bank is gearing up to ban investment in cryptocurrencies, report says
The Bank of Russia is preparing an advisory report to voice its stance on crypto investment, the ce…
Carla Mozée
2 mins read
China's yuan will take over as Russia's main trade currency 'once and for all' as US sanctions get tighter, think tank says
Ruble volatility will get worse in Russia amid fresh US sanctions, but this offers a way for the Ch…
Filip De Mott
2 mins read
Crypto donations are a more efficient way to fund Ukraine's defense needs and are being spent on bulletproof vests and rations, a top minister says
"Crypto was one of the ways we fight back," government minister Alex Bornyakov said, laying out why…
Adam Morgan McCarthy
1 min read
Russia's central bank says it's open to using cryptocurrency for international payments as a way to counter Western sanctions
Russia's central bank continues to see the use of cryptocurrency within the country as a financial …
Carla Mozée
2 mins read
Treasury Department warns banks to be 'vigilant' of Russian oligarchs and government officials using cryptocurrency to evade sanctions
The US Treasury sent out an alert to banks, casinos, and jewelry companies on Monday that outlined …
Hannah Towey
3 mins read
There's no evidence Putin is using cryptocurrencies to dodge sanctions and Russia's too big for that anyway, crypto experts tell lawmakers
"You can't flip a switch overnight, and run a G-20 economy on cryptocurrency," Michael Mosier, a de…
Shalini Nagarajan
2 mins read
Russia's central bank is calling for a sweeping ban on crypto activity from mining to trading
The bank proposed three amendments to existing rules, which include a ban on the trading and mining…
Isabelle Lee
1 min read
The Bank of Russia wants to ban crypto but top finance minister thinks that would be like 'banning the internet'
Russian Finance Minister Anton Siluanov said banning crypto would be like "banning the internet," a…
Phil Rosen
3 mins read
Russia's biggest bank has been cut out of the global financial markets and now it's launched a cryptocurrency
Sberbank launched a digital currency just weeks after the invasion of Ukraine, as sanctions cut Rus…
Adam Morgan McCarthy
2 mins read
Russia and Iran are working on a gold-backed cryptocurrency to take on the dominant dollar, report says
The new stablecoin would replace the dominant US dollar and other government-issued currencies in i…
Zahra Tayeb
1 min read
Russia's largest bank is about to debut an Ethereum-based DeFi platform
As the war in Ukraine and financial sanctions continue to weigh on the country, Sberbank is eyeing …
Phil Rosen
2 mins read
Russia and Iran are combining their banking systems to get around being banned from SWIFT
"The financial channel between Iran and the world is being repaired," Mohammad Farzin, Iran's chief…
Jennifer Sor
2 mins read
Cryptocurrency exchange Coinbase blocks 25,000 Russia-linked accounts
Coinbase said when a user opens an account, it checks provided information against a list of san…