Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says

Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Vahepeal, Russian companies are already using digital assets in cross-border settlements, the official noted. Russian Legislature to Vote

Digital Assets for 1 Billion Rubles Issued in Russia in a Month

Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional

Analysts Weigh In on BRICS Currency as Tool to Face US Dollar-Based Sanctions

Analysts have begun considering using a future BRICS currency to sidestep U.S. sanctions and the dollar’s influence in international markets. While the rise of the U.S. dollar was significant to spur an era of economic growth after World War II, a…

Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner

China’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO). The diplomatic move made by the kingdom began with a memorandum of understanding in September, and at the end of March,…

Saudi Araabia ja OPEC avaldasid üllatusena naftatootmise kärpimise; Valge Maja väidab, et kärped pole praegu soovitatavad

Pühapäeval, Saudi Araabia ja mitmed suuremad naftatootjad teatasid oma plaanist vähendada naftatootmist 1.15 miljonit barrelit päevas, algab mais ja kestab kuni aasta lõpuni 2023. Saudi Araabia energiaministeeriumi andmetel, käik oli…

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

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

Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners

The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share

Russia’s Sberbank to Allow Users to Issue NFTs on Its Blockchain Platform

Recognizing existing demand for non-fungible tokens, or NFTs, one of the largest banks in Russia, Sberbank, now intends to allow users to issue them on its blockchain platform. The financial institution also plans to cooperate with art sites and galleries across

Venemaa Pank reklaamib väliskaubanduses digitaalset rubla, kuna rahandusministeerium nõuab krüptovalikut

Mõni päev pärast seda, kui kaks asutust leppisid kokku piiriüleste krüptomaksete vajaduses, Venemaa rahandusministeerium ja keskpank rõhutavad taas oma erinevaid prioriteete. Kuigi rahandusosakonna eesmärk on lähitulevikus legaliseerida krüptovaluutamaksed…

Moskvas levitati ettepanek luua Venemaa krüptobörs

Russia may establish a dedicated exchange to carry out cryptocurrency transactions locally, a high-ranking member of the State Duma has suggested. The new platform can be hosted by the Moscow Exchange, according to Anatoly Aksakov, head of the parliamentary financial market