Bookmarking Crypto Insights
Auto Added by WPeMatico
Russia’s accelerating shift away from the U.S. dollar is shaking up global finance, with nearly all trade between Moscow, China, and India now conducted in national currencies—reshaping energy markets and propelling a new era of multipolar economic power. 95% of Russia’s China and India Trade Now Bypasses Dollar Systems Russia’s increasing pivot toward de-dollarization is … Read more
The Bank of Russia has recently announced that it will open the possibility for private banks to include crypto operations in their service offering. First Deputy Chairman of the Bank of Russia, Vladimir Chistyukhin, stated that these operations would face capital and reserve standards restrictions. Bank of Russia to Allow Private Banks to Offer Crypto … Read more
Ivan Chebeskov, Deputy Finance Minister of Russia, estimated that around 20 million citizens used cryptocurrency for different purposes. Even with the various options available, Bitcoin was the most widely used cryptocurrency, accounting for 62.1% of all funds held in exchange wallets. Russia Loves Crypto: 20 Million Russians Use Crypto, Finance Ministry States Cryptocurrency adoption has … Read more
The European Union is reportedly considering sanctions targeting A7A5, a ruble-backed stablecoin tied to sanctioned Russian actors. According to documents reviewed by Bloomberg, the proposed measures would bar EU-based entities and individuals from engaging directly or indirectly in transactions involving the token and would also target several banks in Russia, Belarus and Central Asia alleged … Read more
Vladimir Putin underscored that Russia’s BRICS strategy targets collaboration, not confrontation, insisting the bloc’s dollar shift reflects necessity and a drive for balanced global economic independence. Putin Clarifies Russia’s Role in BRICS, Dismisses Anti-Dollar Accusations Global monetary relations involving the U.S. dollar are undergoing significant change as nations pursue greater flexibility in how they conduct … Read more
The gray cash‑to‑crypto exchange market in Russia moves billions, with Moscow serving as the main hub. Alexey Korolenko, executive director of Cifra Markets, says that while the government has cracked down on some activity, it is difficult to close all trading offices. Russia Moves Billions in Cash-to-Crypto Operations, Analyst Estimates While Russian authorities have recently … Read more
Deputy Finance Minister Ivan Chebeskov stated that this move would be focused on establishing an experimental framework for facilitating cryptocurrency operations. The infrastructure would already be in development in a joint operation with the Bank of Russia, which already allows qualified investors to dabble in crypto investments. Russia Moving to Establish Key Infrastructure to Govern … Read more
Russia and Brazil are aligning strategies across BRICS, the UN, and G20 to expand emerging economies’ influence, reshape global governance, and deepen their strategic partnership worldwide. Russia and Brazil Build Coordinated Front to Reshape UN, BRICS, and G20 Flow BRICS, the United Nations (UN), and the Group of 20 (G20) were central to discussions between … Read more
Anton Siluanov, Russia’s finance minister, said the digital ruble, Russia’s CBDC, is a “strong” and “reliable” alternative to the fiat ruble. He said the digital ruble has special potential for budgetary payments, enhancing control and traceability. Russian Finance Minister Reinforces Potential of Digital Ruble for Budgetary Settlements While stablecoins have become the de facto killer … Read more
The Bank of Russia signaled that a new phase of oversight on digital‑asset activities, including mining and investment, will begin next year. The institution said the increased control aims to boost market confidence and protect investors. Russia Opens up to Digital Assets, but Will Tighten Oversight in 2026 While Russia has been steadily opening its … Read more
