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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
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
A Russian teen got 15 years in prison for donating crypto to a pro-Ukraine paramilitary unit: report
Danila Yakovlev, 19, tried to transfer about 5,000 rubles to the Freedom of Russia Legion, Mediazon…
Matthew Loh
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…
Russia's economy is still raking it in, but many billions of dollars are stranded overseas
Russia's foreign financial assets rose $44.6 billion in the first seven months of this year, with a…
Huileng Tan
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
Trump once said crypto was a scam. Disclosures show he now owns more than $1M of it.
Trump's financial disclosure reveals over $1 million in Ethereum, marking a shift from his previous…
Joshua Nelken-Zitser
Nearly all Chinese banks are refusing to process payments from Russia, report says
Almost all Chinese banks — even small regional ones — are now refusing to accept direct transaction…
Huileng Tan
Some Chinese banks are so fearful of sanctions that they're returning payments for goods that have reached Russia, report says
The US Treasury and State Department recently announced fresh restrictions against 400 people and e…
Huileng Tan
Western sanctions are so tight that Russia and China could soon use an ancient trading system. It's worked before.
Due to US secondary sanctions, Chinese banks are now extremely cautious about processing payments f…
Huileng Tan
Jamie Dimon warns the world order is being challenged and bashes crypto once more
JPMorgan's CEO warned of sticky inflation, rising interest rates, a recession, and global turmoil, …
Theron Mohamed
The world cannot afford a crypto mania: Shaktikanta Das
RBI Governor Shaktikanta Das on Thursday said the central bank does not "emulate" others when it co…
PTI
Investing icon Charlie Munger hailed Costco, slammed crypto, and ridiculed Russia in one of the last interviews of his life. Here are the 20 best quotes.
Warren Buffett's late business partner, Charlie Munger, shared some key investing lessons and tackl…
Theron Mohamed
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
Crypto billionaire Michael Novogratz's firm has tokenized a 316-year-old violin owned by Catherine the Great in order to back a loan
"We're creating a process that will transform how a whole range of assets are managed, valued, and …
Filip De Mott
The US and the UK are reportedly looking into $20 billion of crypto payments that may have helped Moscow evade sanctions
Authorities are looking into $20 billion worth of transactions on a Russian crypto exchange, Bloomb…
Yuheng Zhan
The crypto crash has hit Ukraine's fundraising, so its deputy leader touted a rap appeal for donations at Davos
The recent cryptocurrency rout has taken a toll on Ukraine's fundraising efforts, leading the count…
Hamza Fareed Malik
Cyber gangs got away with a record $1.1 billion in crypto ransom payments in 2023
The rise of "ransomware as a service" means less tech skill is required to carry out an attack, Cha…
Yuheng Zhan
“Wolf of All Streets” crypto trader Scott Melker says his Russian mining rigs got sanctioned — and now he knows how it feels
Compass Mining cut ties with Russian crypto miner BitRiver after the US sanctioned the company and …