India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar

The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this measure to facilitate payments

Saudi Arabia and OPEC Reveal Surprise Oil Production Cut; White House Insists Cuts Aren’t Advisable Right Now

Am Sonntag, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was

BRICS Nations Working on Creating New Currency to Be Discussed at Next Leaders Summit: Prüfbericht

The BRICS nations are reportedly working on developing a new form of currency, which is expected to be discussed at the next BRICS leaderssummit, according to a top Russian official. “The transition to settlements in national currencies is the first

Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies

As part of the talks that Russian president Vladimir Putin and Chinese president Xi Jinping are currently conducting in Russia, Russia has vowed to move to use the Chinese yuan as a settlement currency with countries in Asia, Afrika, and Latam….

Crypto Exchange Bitzlato Restores User Access to Half of Bitcoin Balances, Prüfbericht

Bitzlato users can now partially withdraw their bitcoin funds from the dismantled cryptocurrency exchange, according to a media report. The Russia-linked trading platform was targeted by Western law enforcement and had its France-based server infrastructure seized in January. Bitzlato Customers Allowed

Die russische Kryptoindustrie befragt die Regierung zur geplanten strafrechtlichen Verantwortlichkeit für Bergleute

Die Organisation, die den russischen Kryptosektor vertritt, hat die Regierung in Moskau gebeten, einen Vorschlag zur Einführung einer strafrechtlichen Haftung für „graue“ Bergleute zu klären. Der Gesetzesentwurf zielt darauf ab, diejenigen zu bestrafen, die ihr Einkommen nicht dem Staat melden und teilen…

Wert digitaler Vermögenswerte 2 In weniger als einem Jahr wurden in Russland Milliarden Rubel ausgegeben

Digital financial assets (DFAs) for a total exceeding $26 million have been issued in Russia in the past year. This new market has been developing since it was regulated in 2021 and the country’s monetary authority started licensing issuers in the

Binance Bans Russians From P2P Transactions With Dollars and Euros

Cryptocurrency exchange Binance has introduced new restrictions for Russian users, in accordance with the latest European sanctions. The platform is restricting access to peer-to-peer (P2P) transactions in U.S. dollars and euros for traders based in the Russian Federation. Binance Prohibits US

Russian Court Sends 3 Crypto Robbers to Strict-Regime Prison

Three Russians are going to spend time in high-security prison for stealing over a million U.S. dollars’ worth of cryptocurrency from another man. Zusätzlich, the court has also ordered them to fully compensate the victim for the damages, prosecutors announced….

In Russland soll ein auf Krypto-Mining ausgerichteter Investmentfonds gegründet werden

Die Gründung von Russlands erstem Investmentfonds zur Finanzierung von Kryptowährungs-Mining-Operationen ist im Gange. Laut einem Bericht der russischen Presse, Es wird qualifizierten Anlegern zur Verfügung stehen und die Anschaffung von Münzprägegeräten finanzieren. Russisch…