Russian banking giant Sber — formerly known as Sberbank — is preparing to complete its first digital currency deal involving the bank’s proprietary digital asset platform soon. The bank will conduct i...
Tag: Russian
Sanctions On Russian Oil And Gas Didn’t Work, And Now We Know Why.
Russian President Vladimir Putin chairs a meeting with members of the Russian government via … [+] teleconference in Moscow on March 10, 2022. SPUTNIK/AFP via Getty Images The Russian war on Ukr...
Russian Parliament to Review Bill
Regulators is Russia to examine the Bill Prohibiting Crypto Payments The adoption of the new law is being delayed by ongoing discussions The document has been submitted to the State Duma by the Chai...
Russian, Belarusian Tennis Players Allowed To Participate In U.S. Open
Topline Russian and Belarusian tennis players will be allowed to compete in the U.S. Open, the U.S. Tennis Association said Tuesday, telling the Associated Press it did not want to hold “individual at...
U.S. Open To Allow Russian, Belarusian Players To Compete Under Neutral Flag
NEW YORK, NEW YORK – SEPTEMBER 12: Daniil Medvedev of Russia celebrates with the championship trophy … [+] after defeating Novak Djokovic of Serbia to win the Men’s Singles final mat...
Brittney Griner’s Russian Detention Reportedly Extended—Again—Through July
Topline Russia extended the pre-trial detention of WNBA star Brittney Griner Tuesday until at least July 2, state media outlet TASS reported, despite ongoing efforts to have her released since she was...
Pope Decries Russian ‘Cruelty’ In Ukraine But Suggests War Was ‘Provoked’
Topline Pope Francis once again criticized the “brutality and ferocity” of Russian troops in their ongoing invasion of Ukraine in a conversation with the European Jesuit media published on Tuesday, st...
U.S. dollar and Russian ruble trading at all-time highs as FX markets unmoved by inflation woes
As the broader financial markets worry about inflation and possible additional tightening, the U.S. dollar reached its highest level since November 2002. More specifically, the trade-weighted U.S. dol...
Kremlin Ousts Official Who Called Ukraine War A ‘Catastrophe’
Topline The Kremlin dismissed Natalia Poklonskaya from her government role Monday, just weeks after she became one of the few Russian officials to criticize its ongoing invasion of Ukraine in the late...
Some European Factories, Long Dependent on Cheap Russian Energy, Are Shutting Down
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Russian Parliament to Review Bill Prohibiting Crypto Payments – Regulation Bitcoin News
Legislation making it illegal to pay with cryptocurrencies has been filed with the State Duma, the lower house of Russia’s parliament. The sponsors of the bill want to task crypto platforms to prevent...
Kim Dotcom on the ‘Great Reset,’ Strong Russian Ruble Puzzles Economists, and More — Bitcoin.com News Week in Review – The Weekly Bitcoin News
This week, entrepreneur and activist Kim Dotcom said the “U.S. is beyond bankrupt,” and minced no words about a potential “controlled demolition of global markets.” Meanwhile, American economists are ...
Ukraine to Use NFTs to Save Its Cultural ‘DNA’ Amid Russian Invasion
“Today we are announcing a new project [aimed at] how we can save the DNA of the Ukrainian people, Ukrainian culture and Ukrainian history,” Chobanian said. “Right now, they are bomb...
Russian Central Bank Slashes Interest Rate To Pre Invasion Levels As Inflation Appears To Peak
Topline The Russian Central Bank on Friday revised interest rates down to 9.5%—the same as it was in February prior to Russia’s ongoing invasion of Ukraine—a sign that inflation in Russia may have pea...
The Russian ruble is crashing it
The Russian ruble is crushing it. The USD/RUB pair has been in a strong bearish trend in the past few months even as the crisis in Ukraine continues. It dropped to a low of 55.67, which was about 65% ...
Russian Legislature Introduces Bill That Would Prohibit The Use Of Digital Assets As Payment
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Bill to ban digital assets as payment introduced in Russian parliament
In recent months, Russian legislators have been preparing measures to fully institutionalize crypto as a properly taxable investment asset and a possible tool for foreign trade in Russia. Now, they wa...
Failure Or Savior? Busting Myths About Switchblade Loitering Munitions In Ukraine
When the Pentagon announced it was supplying Switchblade loitering munitions to Ukraine, the move was met with a wave of enthusiasm. Some people seemed to think the Switchblade was a super-weapon whic...
Russian oil and gas: headed for long-term decline?
Boasting a quarter of the planet’s gas reserves and more than 5 per cent of its crude oil, Russia’s economy has long been dominated by the energy sector. As the country’s isolation intensifies followi...
Skirting Russian Black Sea Blockade To Feed The World’s Hungriest Is Mission Of Yemen’s Biggest Company
Yemen’s civil war has killed hundreds of thousands and left many of the survivors without enough to eat. Now, Russia’s blockade of Ukraine’s food exports has made it even harder for the world’s hungri...
Fiji Hands U.S. Seized $300 Million Russian Superyacht Owned By Oligarch
Topline Fiji has handed the U.S. a $300 million superyacht Washington claims is tied to billionaire gold magnate Suleimon Kerimov, the country’s top prosecutor said on Tuesday, ending a protracted leg...
Oil Eases Off of Three-Month High as Russian Crude Heads to Asia
(Bloomberg) — Oil slipped as rising volumes of Russian crude headed to Asia countered bullish sentiment spurred by Saudi Arabia’s bigger-than expected price increase for deliveries to the Far Ea...
Judge Approves Seizure Of Jets Belonging To Billionaire Russian Oligarch Abramovich
Topline A federal judge signed off on the FBI’s request to seize two jets belonging to Russian billionaire oligarch Roman Abramovich on Monday, several outlets reported, the most significant punishmen...
India in Talks to Increase Russian Oil Imports From Rosneft
(Bloomberg) — India is looking to double down on its Russian oil imports with state-owned refiners eager to take more heavily-discounted supplies from Rosneft PJSC as international buyers turn d...
What Does Europe’s Ban On Russian Oil And Gas Mean For The West?
Europe’s extreme dependency on Russian energy products from oil to natural gas is made clear recently from the manner in which they have approached sanctions – with incrementalism, slowly sinkin...
Russian State-owned Firm ‘Rostec’ Creates Blockchain-based SWIFT Alternative
The Novosibirsk Institute of Program Systems created CELLS. As a starting point, the system will be able to handle up to 100,000 transactions per second. Rostec, a Russian state-owned company, has dev...
Watch As A Russian ‘Flamethrower’ Launcher Opens Fire—And Ukrainian Guns Shoot Back A Minute Later
A Russian TOS-1 firing in eastern Ukraine. Social media capture A dramatic duel between a Russian “flamethrowing” rocket launcher and Ukrainian artillery somewhere in eastern Ukraine recently undersco...
Russian crypto miners need more energy than the agriculture industry
Local bitcoin businesses, according to Russia’s Ministry of Industry, utilize more than 2% of the country’s overall power volume. According to Vasily Shpak, Deputy Head of the Ministry of Industry, Ru...
OPEC Bows To Global Pressure To Increase Oil Supply
Getty Images Key Takeaways The price of crude oil continues to rise and hit new highs on the back of significant demand post-Covid19 OPEC has agreed to increase their oil output to 648,000 barrels a d...
Russian Space Ship Docks On International Space Station Despite Russia’s Threats
Topline An unmanned Russian cargo ship arrived at the International Space Station on a supply mission Friday at 9:02 a.m., a typically routine mission that carried weighty significance amid Russia’s o...
Brittney Griner Communicating Through Email From Russian Detention
Topline WNBA star Brittney Griner, who has been detained in Russia since February on drug charges, is able to communicate with her fellow teammates and league players in writing, the Associated Press ...