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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   


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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   


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2 mins read

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   


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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   


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2 mins read

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   


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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…

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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   


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2 mins read

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   


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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   


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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   


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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   


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2 mins read

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   


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5 mins read

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   


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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   


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1 min read

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   


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1 min read

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   


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1 min read

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   


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2 mins read

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   


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“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 …

Hamza Fareed Malik   


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2 mins read

Russia wants you to pass a test if you want to trade big in crypto

Russia’s Ministry of Finance wants investors within its border to first pass an online test in orde…