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Russia Advances Crypto Bill To Enable Cross-Border Payments Amid Sanctions
Russia’s State Duma has approved a Digital Currency and Digital Rights Bill in its first reading, a report revealed. This landmark bill…
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Russia’s Largest Bank Tests Bitcoin-Backed Loans Amid New Rules
Russia’s largest bank is moving to treat cryptocurrency as standard loan collateral, stepping into a market that is reopening under new rules.…
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How Frozen Russian Assets Sparked A Global Shift Toward Gold
Gold has become one of the most talked-about assets this year, and the surge in global demand is now being linked to…
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Why Russia’s Central Bank Is Holding Firm On Interest Rates Despite Rising Prices
Russia is closely monitoring inflation as higher taxes and long-standing interest rate policies continue to affect consumers and businesses, according to recent…
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Russia’s Second-Largest Bank To Open Spot Crypto Trading To Rich Clients
VTB prepares to open Russia’s banking system to spot crypto trading, but only for a narrow group of wealthy clients, as the…
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EU Plans To Tap Russian Assets Spark Legal And Economic Showdown
Russia’s central bank has strongly criticized European Union plans to use Russian state assets frozen in Europe, calling the move illegal and…
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Russia’s Central Bank Warns State Is Undermining Investor Rights
For the first time since Moscow began its large-scale nationalisation drive, Russia’s central bank has publicly pushed back against how the government…
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Russia Turns To Crypto To Bypass Sanctions On Oil Sales: Report
Western sanctions have pushed Russia to find alternative payment methods for its oil exports. Now, cryptocurrencies like Bitcoin, Ethereum, and Tether are…
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Russian Banks Post Record Profits, But Lending Growth Slows
Russia’s banking sector enjoyed a historic year in 2024, raking in 4 trillion roubles ($40.7 billion) in profits. According to a Reuters…
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Russia Approves New Crypto Tax Framework
The Russian government has approved a new framework for taxing cryptocurrency transactions. On November 27, Russia’s Federation Council passed a bill recognizing…