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3232BRICS Erodes US and EU Hegemony as Nations Seek Sovereignty and Equal Cooperation
https://www.digit.info/brics-erodes-us-and-eu-hegemony-as-nations-seek-sovereignty-and-equal-cooperation/
Tue, 15 Oct 2024 07:16:19 +0000https://www.digit.info/brics-erodes-us-and-eu-hegemony-as-nations-seek-sovereignty-and-equal-cooperation/Read more]]>BRICS is undermining the hegemony of Washington and Brussels as nations increasingly seek equal dialogue and cooperation that prioritize their own interests, according to Russia’s State Duma speaker. He stressed that countries are moving away from serving the U.S. and its allies, instead choosing partnerships that respect sovereignty and offer mutually beneficial cooperation, signaling a […]
]]>Select Group of Russian Firms Authorized to Use Crypto for Chinese Imports Amid Sanctions
https://www.digit.info/select-group-of-russian-firms-authorized-to-use-crypto-for-chinese-imports-amid-sanctions/
Sun, 29 Sep 2024 02:46:19 +0000https://www.digit.info/select-group-of-russian-firms-authorized-to-use-crypto-for-chinese-imports-amid-sanctions/Read more]]>A select group of Russian companies, including electronics producers and financial institutions, has received approval to use cryptocurrencies for Chinese imports under a pilot legal framework. Overseen by Russia’s central bank and the Ministry of Finance, this initiative targets firms handling dual-use products and facing challenges with international payments, particularly with China. Russian Firms Explore […]
]]>Moscow Exchange Opts out of Russia’s Crypto Trading Program
https://www.digit.info/moscow-exchange-opts-out-of-russias-crypto-trading-program/
Mon, 09 Sep 2024 05:30:15 +0000https://www.digit.info/moscow-exchange-opts-out-of-russias-crypto-trading-program/Read more]]>The Moscow Exchange (MOEX), Russia’s largest securities marketplace, will not participate in an experimental program for cryptocurrency trading, as confirmed by Nikolai Trunichkin, head of digital projects at the exchange. This decision follows the Russian State Duma’s July approval of a legislative package to legalize digital currencies, allowing exchange trading under the oversight of the […]
]]>State Duma Financial Market Committee Leader Envisions Bitcoin and Digital Ruble Exchanges
https://www.digit.info/state-duma-financial-market-committee-leader-envisions-bitcoin-and-digital-ruble-exchanges/
Fri, 02 Aug 2024 22:30:18 +0000https://www.digit.info/state-duma-financial-market-committee-leader-envisions-bitcoin-and-digital-ruble-exchanges/Read more]]>Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma, the Russian equivalent to the U.S. House of Representatives, has predicted that bitcoin and digital ruble exchanges will become a reality in the coming years. Aksakov also foresees the need for digital ruble-based P2P markets to serve this goal in the future. Russians […]
]]>Russian State Duma Deputy Chairman: BRICS SWIFT Counterpart Needed for Creating a New Economic Reality
https://www.digit.info/russian-state-duma-deputy-chairman-brics-swift-counterpart-needed-for-creating-a-new-economic-reality/
Sun, 28 Jul 2024 01:20:21 +0000https://www.digit.info/russian-state-duma-deputy-chairman-brics-swift-counterpart-needed-for-creating-a-new-economic-reality/Read more]]>Alexander Babakov, Deputy Chairman of the Russian State Duma, highlighted the need to create a BRICS equivalent to the SWIFT messaging system, which routes payments alongside the current banking infrastructure. Babakov emphasized that this new system would help to reduce the dependence on Western institutions and simplify settlements outside the dollar-dominated system. BRICS SWIFT Equivalent […]
]]>Leader of Russian State Duma’s Financial Market Committee Labels ‘Hamster Kombat’ a ‘Scam’ and Calls for Its Termination
https://www.digit.info/leader-of-russian-state-dumas-financial-market-committee-labels-hamster-kombat-a-scam-and-calls-for-its-termination/
Tue, 23 Jul 2024 05:30:38 +0000https://www.digit.info/leader-of-russian-state-dumas-financial-market-committee-labels-hamster-kombat-a-scam-and-calls-for-its-termination/Read more]]>Anatoly Aksakov, the Chairman of the Russian State Duma Committee on the Financial Market, has stated that ‘Hamster Kombat’, a popular tap-to-earn game, should be stopped in Russia. Aksakov emphasized that ‘Hamster Kombat’ manipulates the psyche of citizens, leading them to believe that they can become wealthy with minimal effort through playing this type of […]
]]>Cross-Border Digital Ruble Payments May Become a Reality in 2026
https://www.digit.info/cross-border-digital-ruble-payments-may-become-a-reality-in-2026/
Mon, 22 Jul 2024 21:30:47 +0000https://www.digit.info/cross-border-digital-ruble-payments-may-become-a-reality-in-2026/Read more]]>Generalized international settlements using the Russian digital ruble will not be available until 2026, according to statements from Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market. Aksakov stated that in 2025, authorities plan to expand the current pilot stage to implement these transactions within Russia. Subsequently, they will generalize and test […]
]]>Potential Ban on Cryptocurrency Mining in Certain Regions Disrupts Regulatory Efforts in Russia
https://www.digit.info/potential-ban-on-cryptocurrency-mining-in-certain-regions-disrupts-regulatory-efforts-in-russia/
Thu, 18 Jul 2024 22:30:35 +0000https://www.digit.info/potential-ban-on-cryptocurrency-mining-in-certain-regions-disrupts-regulatory-efforts-in-russia/Read more]]>The potential for a ban on cryptocurrency mining in regions classified as ‘energy deficient’ has hindered the ability to reach a consensus on the approval of cryptocurrency mining regulations in Russia. The proposed bill, which is expected to pass in August, would give authorities the power to declare mining operations in these regions illegal, based […]
]]>Russia Considers Allowing Digital Currency Trading on the Country’s Largest Exchanges
https://www.digit.info/russia-considers-allowing-digital-currency-trading-on-the-countrys-largest-exchanges/
Mon, 15 Jul 2024 00:30:09 +0000https://www.digit.info/russia-considers-allowing-digital-currency-trading-on-the-countrys-largest-exchanges/Read more]]>The Russian Ministry of Finance has proposed permitting digital currency trading for a select group of qualified investors on licensed exchanges like the Moscow Exchange and St. Petersburg Exchange. Anatoly Aksakov, head of the State Duma Financial Market Committee, believes Russia’s largest exchanges are prepared to handle cryptocurrency transactions. He emphasized that once legal conditions […]
]]>Russia to Enact a Ban on Domestic Operations Of Cryptocurrency Exchanges
https://www.digit.info/russia-to-enact-a-ban-on-domestic-operations-of-cryptocurrency-exchanges/
Tue, 30 Apr 2024 17:12:51 +0000https://www.digit.info/2024/04/30/russia-to-enact-a-ban-on-domestic-operations-of-cryptocurrency-exchanges/Read more]]>Russia is preparing to enact a ban on the organization of cryptocurrency exchanges in the country via the approval of a bill that regulates mining activities. According to statements made by Russian Duma Financial Market Chairman Anatoly Aksakov, digital financial assets like the digital ruble will be allowed to circulate. State Duma to Enact Ban […]
BRICS is undermining the hegemony of Washington and Brussels as nations increasingly seek equal dialogue and cooperation that prioritize their own interests, according to Russia’s State Duma speaker. He stressed that countries are moving away from serving the U.S. and its allies, instead choosing partnerships that respect sovereignty and offer mutually beneficial cooperation, signaling a […]
]]>
A select group of Russian companies, including electronics producers and financial institutions, has received approval to use cryptocurrencies for Chinese imports under a pilot legal framework. Overseen by Russia’s central bank and the Ministry of Finance, this initiative targets firms handling dual-use products and facing challenges with international payments, particularly with China. Russian Firms Explore […]
]]>
The Moscow Exchange (MOEX), Russia’s largest securities marketplace, will not participate in an experimental program for cryptocurrency trading, as confirmed by Nikolai Trunichkin, head of digital projects at the exchange. This decision follows the Russian State Duma’s July approval of a legislative package to legalize digital currencies, allowing exchange trading under the oversight of the […]
]]>
Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma, the Russian equivalent to the U.S. House of Representatives, has predicted that bitcoin and digital ruble exchanges will become a reality in the coming years. Aksakov also foresees the need for digital ruble-based P2P markets to serve this goal in the future. Russians […]
]]>
Alexander Babakov, Deputy Chairman of the Russian State Duma, highlighted the need to create a BRICS equivalent to the SWIFT messaging system, which routes payments alongside the current banking infrastructure. Babakov emphasized that this new system would help to reduce the dependence on Western institutions and simplify settlements outside the dollar-dominated system. BRICS SWIFT Equivalent […]
]]>
Anatoly Aksakov, the Chairman of the Russian State Duma Committee on the Financial Market, has stated that ‘Hamster Kombat’, a popular tap-to-earn game, should be stopped in Russia. Aksakov emphasized that ‘Hamster Kombat’ manipulates the psyche of citizens, leading them to believe that they can become wealthy with minimal effort through playing this type of […]
]]>
Generalized international settlements using the Russian digital ruble will not be available until 2026, according to statements from Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market. Aksakov stated that in 2025, authorities plan to expand the current pilot stage to implement these transactions within Russia. Subsequently, they will generalize and test […]
]]>
The potential for a ban on cryptocurrency mining in regions classified as ‘energy deficient’ has hindered the ability to reach a consensus on the approval of cryptocurrency mining regulations in Russia. The proposed bill, which is expected to pass in August, would give authorities the power to declare mining operations in these regions illegal, based […]
]]>
The Russian Ministry of Finance has proposed permitting digital currency trading for a select group of qualified investors on licensed exchanges like the Moscow Exchange and St. Petersburg Exchange. Anatoly Aksakov, head of the State Duma Financial Market Committee, believes Russia’s largest exchanges are prepared to handle cryptocurrency transactions. He emphasized that once legal conditions […]
]]>
Russia is preparing to enact a ban on the organization of cryptocurrency exchanges in the country via the approval of a bill that regulates mining activities. According to statements made by Russian Duma Financial Market Chairman Anatoly Aksakov, digital financial assets like the digital ruble will be allowed to circulate. State Duma to Enact Ban […]
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