Tag: Sanctions

American Economists Are Baffled by an ‘Unusual Situation’ as Russia’s Ruble Is the World’s Best Performing Fiat Currency

Förbi juni 9, 2022 Bank of Russia, Centralbank, Coal, conflict, Crude Oil, cut rate, Ekonomi, EU, Gas, gold backed ruble, gold parity, gold ruble, interest rate, OIL, Peace Talks, rouble, ruble, ruble crash, ruble falls, ruble gold, ruble plunges, Ruble Rises, Ruble strength, Ryssland, russia bank run, Russia Ruble, russian bank run, russian sanctions, Sanctions, slashed rate, Ukraine, Vladimir Putin, War, Western Allies 0 Kommentarer
Two months after the Russian ruble fell below a U.S. penny, the transcontinental country’s fiat currency is the best performing currency worldwide. American economists are baffled by the “unusual situation” because a country facing stiff sanctions typically sees its fiat currency......
[Fortsätt läsa...]

Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions

Förbi May 12, 2022 Bitriver, Company, conflict, Krypto, kryptobrytning, Kryptovalutor, Kryptovaluta, Group, Lawsuit, legal action, Brytning, mining operator, restriktioner, Ryssland, russian, Sanctions, U.S. Treasury, Ukraine, War 0 Kommentarer
Ryssland’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent international restrictions.......
[Fortsätt läsa...]

Bank of Russia to Pilot Digital Ruble Settlements in 2023

Förbi April 25, 2022 CBDC, CBR, Centralbank, conflict, Digital Currency, digital ruble, Finance, monetary authority, Payments, regulator, Ryssland, russian, Sanctions, Settlements, Testing, tests, trials, Ukraine, War 0 Kommentarer
Ryssland’s monetary authority intends to conduct the first settlements with the digital ruble next year, its governor announced this week. Speaking to Russian lawmakers, the official highlighted the important role the new currency is going to play for Russia under sanctions.......
[Fortsätt läsa...]

Leading Eastern European Exchange Exmo Sells Business in Russia, Belarus

Förbi April 24, 2022 Belarus, belarusian, business, Krypto, crypto exchange, Kryptovalutor, Kryptovaluta, Exchange, Exchanges, Exmo, Exmo.com, Exmo.me, Markets, operations, platform, restriktioner, risks, Ryssland, russian, Sanctions, trading platform 0 Kommentarer
Exmo, a U.K.-based crypto exchange with extensive presence in Eastern Europe, is pulling out of Russia, Belarus and Kazakhstan. The trading platform, Exmo.com, says it’s making the move to avoid jeopardizing its expansion in other regions by operating in high-risk markets......
[Fortsätt läsa...]

FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms

Förbi April 19, 2022 advanced persistent threat, axie infinity, CISA, CSA report, defi exploits, ethereum address, ethereum addresses, Ethereum wallet, FBI, FBI report, Financial Institutions, Guardians of Peace, Hacker Group, Hacker Syndicate, Hackers, Hidden Cobra, Kim Jong-un, Law Enforcement, Lazarus Group, Nyheter, north korea, OFAC, Potonggang District, pyongyang, ransomware, Sanctions, Treasury, U.S. authorities, united nations, United States, US Persons, US Treasury 0 Kommentarer
On April 18, the Federal Bureau of Investigation (FBI), the U.S. Treasury Department, and the Cybersecurity and Infrastructure Security Agency (CISA) published a Cybersecurity Advisory (CSA) report concerning malicious North Korean state-sponsored cryptocurrency activity. According to the U.S. government, law enforcement......
[Fortsätt läsa...]

Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing

Förbi April 19, 2022 Bank, Bank of Russia, banks, CBDC, CBR, Centralbank, conflict, Krypto, Kryptovalutor, Kryptovaluta, Currency, Digital Currency, digital ruble, fiat currency, Finance, Financial Institutions, Payments, reserve currency, restriktioner, Ryssland, russian, Sanctions, Testing, tests, trials, Ukraine, War 0 Kommentarer
The Central Bank of Russia has emphasized the importance of moving forward with its digital ruble project. According to a statement by a top representative, the monetary authority has no intention to delay the trials despite not all invited banks being......
[Fortsätt läsa...]

Russian Chamber of Commerce Suggests Using Cryptocurrencies in Settlements With Africa

Förbi April 14, 2022 Afrika, african, board of trade, chamber of commerce, Krypto, crypto assets, Kryptovalutor, Kryptovaluta, international trade, Nyheter, Payments, proposal, Proposals, restriktioner, Ryssland, russian, Sanctions, Settlements, trade, Ukraine, War 0 Kommentarer
Employing crypto in cross-border payments is one of the proposals put forward by the Russian Chamber Of Commerce lobbying for more cooperation with African countries. Amid unprecedented sanctions limiting Russia’s ability to trade internationally, the head of the board has urged......
[Fortsätt läsa...]

IMF varnar Rysslands sanktioner hotar att undergräva den amerikanska dollardominansen

Förbi April 1, 2022 Chinese Yuan, Krypto, Kryptovalutor, Kryptovaluta, currencies, Currency, Dollar, Finance, IMF, renminbi, reserve currency, restriktioner, ruble, Ryssland, russian, russian ruble, Sanctions, U.S. dollar, Ukraine, ukrainian, Yuan 0 Kommentarer
Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. currency, according to a high-ranking official at the International Monetary Fund (IMF). The confrontation could lead to fragmentation of the world’s current monetary......
[Fortsätt läsa...]

Deutsche Bank lämnar Ryssland, Säger att det inte kommer att finnas några nya affärer där

Förbi March 13, 2022 Bank, banking giant, banking institution, banks, conflict, Deutsche Bank, Europa, european, Finance, financial conglomerate, Financial Services, german, Germany, invasion, investment bank, Ryssland, russian, Sanctions, Ukraine, ukrainian, War 0 Kommentarer
Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine......
[Fortsätt läsa...]