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Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says

May 14, 2023 Jimmy Rivera

Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are already using digital…

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Lawmaker Warns US Default Risks Dollar’s Reserve Currency Status, Exploitation by China and Russia

May 9, 2023 Jimmy Rivera

The top Democrat on the House Intelligence Committee has warned that China and Russia would seek to exploit the chaos resulting from a U.S. default. He further cautioned that the…

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Russia May Take Up 18% of Bitcoin Hashrate in Next Big Migration of Crypto Miners, Experts Say

May 8, 2023 Jimmy Rivera

Increasing regulatory pressures, tax burden and energy costs in countries like the U.S. and Kazakhstan are likely to result in a new great migration of crypto miners, Russian analysts believe.…

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Digital Assets for 1 Billion Rubles Issued in Russia in a Month

May 7, 2023 Jimmy Rivera

Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian…

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Binance Reportedly Investigated in US for Russia Sanctions Violations

May 7, 2023 Jimmy Rivera

Cryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report. The inquiry is looking into whether the trading platform was…

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US Justice Department investigating Binance for violating Russian sanctions: Report

May 6, 2023 Jimmy Rivera

The DOJ’s national security and crime divisions are both looking at the cryptocurrency exchange’s provision of services to Russians, Bloomberg reports.

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Push to Use National Currencies in SCO Cannot Be Stopped, Russia’s Lavrov Says

May 6, 2023 Jimmy Rivera

Efforts to transition to trade in national currencies in the Shanghai Cooperation Organization (SCO) can no longer be stopped, according to Russian Foreign Minister Sergey Lavrov. During a meeting with…

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How Alex Chachava extracted Warface maker My.Games from Russia and what’s next

May 4, 2023 Jimmy Rivera

Alex Chachava pulled off a difficult extraction last fall when he acquired much of My.Games and moved the company's operations out of Russia.

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Russia Projected to Start Purchasing Chinese Yuan for Its Foreign Reserves as Soon as May

May 4, 2023 Jimmy Rivera

Russia will start to purchase Chinese yuan for its international reserves as soon as this month, according to reports from Russian economists. While analysts state that the purchases will be…

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Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say

May 3, 2023 Jimmy Rivera

Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the 2021 record. This year’s high numbers are coming after 2022…

Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says

Lawmaker Warns US Default Risks Dollar’s Reserve Currency Status, Exploitation by China and Russia

Russia May Take Up 18% of Bitcoin Hashrate in Next Big Migration of Crypto Miners, Experts Say

Digital Assets for 1 Billion Rubles Issued in Russia in a Month

Binance Reportedly Investigated in US for Russia Sanctions Violations

US Justice Department investigating Binance for violating Russian sanctions: Report

Push to Use National Currencies in SCO Cannot Be Stopped, Russia’s Lavrov Says

How Alex Chachava extracted Warface maker My.Games from Russia and what’s next

Russia Projected to Start Purchasing Chinese Yuan for Its Foreign Reserves as Soon as May

Russian Banks Set for Record Profits This Year, Central Bank, Rating Agency Say

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