Russia to Increase Reliance on National Currencies in Energy Trade, Vows to Move Away From the US Dollar

Russia will increase its reliance on national currencies to settle payments for its energy resources, moving away from the US dollar, according to Russian Deputy Prime Minister Alexander Novak. Novak noted there is a great interest in acquiring Russian energy resources,…

V Rusiji bo ustanovljen investicijski sklad, osredotočen na kripto rudarjenje

The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian

Bank of Russia to Promote Digital Ruble in Foreign Trade as Finance Ministry Pushes for Crypto Option

Days after the two institutions agreed on the need for cross-border crypto payments, the finance ministry and the central bank of Russia are once again highlighting their different priorities. While the treasury department aims for legalizing cryptocurrency payments in the coming

Russia Can’t Do Without Cross-Border Crypto Payments, Consensus Reached

Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining support in the past few months since Moscows decision to invade Ukraine was met with wave after wave of Western sanctions….

Banka Rusije omilila omejitve pri nakupu gotovine v dolarjih in evrih

The Central Bank of Russia has relaxed some limitations for Russian banks selling U.S. dollars and euros to the public. The increased supply of foreign cash may affect the crypto market in the country as currency restrictions have been a driver

Banka Rusije si prizadeva za popolno uvedbo digitalnega rublja v 2024

The Central Bank of Russia plans to begin the comprehensive implementation of the digital ruble two years from now, according to a paper detailing its monetary policy priorities for the 2023 – 2025 period. As the development of the state-issued digital

Bank of Russia Ready to Legalize Crypto Mining If Miners Sell Minted Coins Abroad

The Central Bank of Russia would agree to the legalization of cryptocurrency mining, provided the proceeds from the activity are converted to fiat outside of Russia. The regulators latest position on the matter comes after it softened its stance on the

Ameriški ekonomisti so zmedeni zaradi "nenavadne situacije", saj je ruski rubelj najbolj uspešna fiat valuta na svetu

Two months after the Russian ruble fell below a U.S. penny, the transcontinental countrys fiat currency is the best performing currency worldwide. American economists are baffled by theunusual situationbecause a country facing stiff sanctions typically sees its fiat currency

World Bank Predicts 3% Gold Price Growth, Expert Says a $3K per Ounce ‘Is More Likely Than Not’

The World Bank has said it expects the price of gold to rise by 3% v 2022 but warned the price might fall sharply if the Russian central bank decides to offload large quantities of the commodity. The Russian Factor After

Banka Rusije si prizadeva borzam dovoliti trgovanje z digitalnimi sredstvi

Centralna banka Rusije je pred kratkim predlagala, da se tradicionalnim borzam dovoli delovanje na trgu digitalnih sredstev. Opazovalci industrije pravijo, da želi regulator vlagateljem zagotoviti možnost trgovanja s kriptovalutami v nadzorovanem okolju. Russian Stock Exchanges