Tag: Russias

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Russia’s developed a cure for its economic headache — but there’s a catch

With the Russian economy in the grips of an economic slowdown, the Kremlin has devised a silver bullet – in the shape of the...

From Ban Threats To Bank Licenses: Russia’s New Crypto Play

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bank of Russia has proposed letting banks and brokerage firms obtain...

Russia’s daily crypto turnover is over $650 million, Ministry of Finance says

Russia’s Ministry of Finance has estimated the country’s daily cryptocurrency turnover at 50 billion rubles, or roughly $650 million, with annual activity exceeding 10...

Russia’s Return to the Dollar: A Non-Existing Dilemma

The rumors of discussions on Russia’s return to the dollar system sparked speculation about the strength of the financial alternatives deployed to bypass sanctions....

Vitalik Proposes ‘Decentralized Governance’ Model for Russia’s Future

The Ethereum co-founder condemned Russia’s invasion of Ukraine while saying the country could benefit from crypto principles like decentralization.Vitalik Buterin shared in a long...

Russia’s Sberbank to Start Issuing Loans Backed by Crypto Collateral

Sberbank, Russia’s largest bank, stated that it was preparing to roll out a program of crypto-backed loans for corporate customers. The institution stressed that...

Russia’s A7A5 Stablecoin Moved $100 Billion Before Global Crackdown: Elliptic

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A little token that few people had heard of a year ago...

Russia’s ruble-pegged stablecoin helped evade sanctions to the tune of $100 billion

Elliptic says the ruble-pegged A7A5 processed nearly 250,000 onchain transactions, demonstrating how stablecoins facilitate cross-border flows under sanctions pressure.

Russia’s top court just handed crypto holders a big win – DL News

Court delivers verdict on USDT 1,000 loan from 2023.No grounds for denying crypto owners’ property rights, says court.Judges tell lawmakers to create new legislation...