Russia Imposes Winter Ban on Crypto Mining in Key Regions to Conserve Energy
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In an effort to tackle electricity shortages, Russian officials disclosed plans to suspend cryptocurrency mining in several regions this winter. The ban…
Russian Energy Ministry Proposes Periodic Crypto Mining Restrictions in Certain Regions
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The Russian Energy Ministry has officially proposed limiting crypto mining activities in certain special regions affected by energy shortages. The authorities have…
Russia’s Massive Leap: Digital Financial Market Eyes Trillion-Ruble Milestone
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Russia’s issuance of digital financial assets could reach 10 trillion rubles (approximately $101.36 billion) by 2026, according to Sberbank Deputy Chairman Anatoly…
Russia and China Join Forces to Prevent Global Crisis, Experts Say
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China-Russia cooperation is helping to stabilize the region and avert a global crisis, according to Zhang Hong, a research fellow at the…
Russia-India Trade Nears 90% Dollar-Free — A Game-Changing Pivot
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The use of national and alternative currencies in Russia-India trade has reached nearly 90%, according to Russian First Deputy Prime Minister Denis…
BRICS Digital Asset Platform Proposal Poised to Reshape Global Investment
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A proposed BRICS digital asset platform could ignite unprecedented investment in South Asia, Africa, and Latin America, driving growth in emerging markets….
Beyond the Dollar: Russia’s Path to Economic Independence Emerges
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Russia is reshaping global finance, pivoting from the dollar to local currencies as more nations rally for alternatives to U.S. dominance in…
Ripple CEO Loses Bank Account, Russia’s New Crypto Law, and More — Week in Review
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Ripple CEO loses his long-term bank account, Russia publishes new crypto law, BRICS payment system aims to be a SWIFT substitute, and…
Russia’s Sweeping Crypto Mining Regulations Take Effect, Setting Strict New Rules
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Russia’s sweeping crypto mining regulations took effect Nov. 1, transforming the industry with strict energy caps, mandatory registration, and stringent oversight. Russia’s…
BIS Considers Ending Mbridge Project Over BRICS Connections, but Is It Too Late?
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While conversations about ending the CBDC-enabled international settlements project have focused on its links to BRICS, Mbridge has already reached the MVP…