Russia approves crypto use in international trade
Central bank chief backs law that will help businesses get around sanctions
PUBLISHED : 30 Jul 2024 at 22:09…
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Russia will launch cross-border crypto payments before end-2024
MOSCOW :Russia will carry out its first international payments in cryptocurrencies before the end of this year in order to overcome difficulties created by Western sanctions, the central bank's governor, Elvira Nabiullina, said on…
Janet Yellen Quietly Admits Serious U.S. Dollar Collapse Fears As Trump Primes Bitcoin For
U.S. Treasury secretary Janet Yellen has warned countries around the world are moving away from the U.S. dollar—as the spiraling $34 trillion U.S. debt pile fuels fears of collapse—with bitcoin and crypto slowly chipping away at dollar…
Crypto exchange Payeer faces $10m fine for flouting EU sanctions on Russia
Latvia’s Financial Crime Investigation Service (FNTT) has imposed a record $10 million fine on the crypto payment service provider Payeer for breaching European Union sanctions on Russia.
According to an official statement from the…
Russia pushing ‘crypto’ payments, SWIFT alternative as sanctions bite
Russia’s central bank has been encouraging alternative payment systems, including digital assets, as sanctions from Western nations continue to disrupt the country’s cross-border payments.The Bank of Russia recently held its Annual…