Russia Pushes for Sustainable BRICS Interbank Networks and Payment Systems
Russia is pushing to develop independent interbank networks and payment systems within BRICS to boost the bloc’s financial influence. Moscow aims to expand…
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Russia
Bank of Russia Eyes Stablecoins for Cross-Border Transactions
The Bank of Russia is exploring the use of stablecoins in cross-border transactions, considering them as digital financial assets (DFAs) under existing regulations…
Bank of Russia Dismisses US Asset Confiscation Effects on Russia’s Economic Stability
The Bank of Russia has dismissed the effect that a future confiscation of Russian assets in the U.S. might have on the nation’s economic stability. Elvira…
Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could…
Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the…
Ukraine Legalizes Bitcoin amid Intensified Tension with Russia
Amid inevitable military potential conflicts escalating tension between Ukraine and Russia before the incoming full-blown war, the Ukrainian parliament unanimously…