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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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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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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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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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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   


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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   


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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   


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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   


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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   


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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   


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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…

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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   


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2 mins read

BlackRock's Larry Fink says digital currencies could get a boost from Russia's brutal attack on Ukraine

"The war will prompt countries to re-evaluate their currency dependencies," chairman of $10 trillio…

Shalini Nagarajan   


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3 mins read

Russia was invading, so a Ukrainian converted his life savings of $10,500 into the crypto token terra. Then the token crashed.

The Kyiv, Ukraine, resident said he wanted to avoid the risks from Russia's war or a currency colla…

Weilun Soon   


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2 mins read

Bitcoin slides as cryptos fall across the board after Putin orders Russian troops into Ukraine

Cryptocurrencies are recovering ground from a sharper sell-off earlier as tensions over a potential…

Adam Morgan McCarthy   


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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   


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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   


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2 mins read

Coinbase's CEO assured investors this week there was no question of bankruptcy but its junk bonds are now worth almost as little as Russia's

Coinbase's 10-year bonds got slammed after the company's first-quarter results, and now yield almos…

Zahra Tayeb   


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2 mins read

Here's why experts say the crypto market will be just fine despite a possible Russian ban on everything from mining to trading

"There are bigger concerns right now in crypto," Chris Vecchio of DailyFX, said, citing a hawkish F…

Isabelle Lee   


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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