City Moscow Financial News

17.04 / 09:59

Strategy U.S., Allies Weigh How to Reduce Economic Ties With China

WASHINGTON—The U.S. and its allies are grappling with how to pare their economic relationships with China, attempting to limit ties in certain sectors they view as strategic while preserving broader trade and investment flows with the world’s second-largest economy.

13.04 / 16:37

UPS Waves Target EU will issue fresh wave of sanctions to stop Russia reinventing their war machine, official says

The European Union will launch an 11th wave of sanctions on Russia and seek to crack down on efforts to evade economic penalties introduced in the wake of its full-scale invasion of Ukraine, a top EU official told CNBC Thursday.

11.04 / 11:09

regulation debate MPs crypto law Russian MPs to Debate Crypto Law in Coming Weeks – Is Regulation Finally on Its Way?

Russian politicians say they will debate a long-awaited crypto regulation bill before the end of the current parliamentary session.

04.04 / 10:49

SPY Secret trials and near-certain convictions await those accused of spying like Evan Gershkovich

As Moscow prosecutors prepare an espionage case against jailed Wall Street Journal reporter Evan Gershkovich, lawyers with experience in the Russian judicial process predict a journey through a justice system with the familiar features of Western courts but little of their substance.

29.03 / 13:19

Russia’s Economy Is Starting to Come Undone

MOSCOW—The opening months of Russia’s invasion of Ukraine last year drove an increase in oil and natural-gas prices that brought a windfall for Moscow. Those days are over.

17.03 / 10:39

MET week China's Xi to go to Russia next week for his first visit since Putin ordered invasion of Ukraine

BEIJING — Chinese President Xi Jinping is set to visit Russia from March 20 to 22, China's Ministry of Foreign Affairs announced Friday.

16.03 / 17:15

UPS Provident Tether USDT Platform Crypto Exchange Russians Reportedly ‘Using Crypto Exchanges to Send USDT to UK’ – Here’s How

Russians are using “several” Moscow crypto exchanges to send Tether (USDT) to people based in the UK, a new report has claimed.

14.03 / 18:41

Blockchain UPS Cooper Platform crypto mining Russian MP Calls for Gov’t to Hurry Crypto Mining Legalization – Here’s His Rationale

A Russian lawmaker has called for the legalization of crypto mining and has claimed that bringing mining out of a “grey” legal sphere as soon as possible will benefit both miners and the government.

03.03 / 00:19

Blockchain Adoption Banks Chinese yuan Russian bank issues first on-chain bank guarantee in Chinese yuan

Moscow Credit Bank has issued a blockchain-based bank guarantee denominated in Chinese currency, claiming the product is the first in the country. The bank guarantee exceeds 100 million Chinese yuan — or nearly $144,600 USD at time of publication.

27.02 / 15:17

Target SUN Sanctions Net Widens to Catch Russia’s Middle East Shipping Company

The European Union sanctioned a Dubai-based subsidiary of Russia’s state-owned shipping giant, the first time it has used new powers to hit foreign-based entities that help Moscow circumvent Western restrictions.

27.02 / 03:11

Target SUN Sanctions Net Widens to Catch Russia’s Middle East Shipping Company

26.02 / 19:09

Target SUN Sanctions Net Widens to Catch Russia’s Middle East Oil Shipper

24.02 / 13:13

Russian Oil Is Still Flowing, and That Is What the West Wants

A Western oil gambit aimed at Russia appears to be working.

23.02 / 20:23

Arrest FBI National Moscow Authorities Detain British National Accused of Aiding North Korea in Crypto Sanction Evasion

A British citizen who is wanted by the FBI for allegedly assisting the North Korean government to evade U.S. sanctions via crypto is in the custody of Russian authorities.

23.02 / 15:03

Russian Oil Is Still Flowing, and That Is What the West Wants

A Western oil gambit aimed at Russia appears to be working.

21.02 / 21:47

U.S. Plans to Impose New Sanctions on Some 200 Russian Individuals, Entities

WASHINGTON—The Biden administration is expected to impose fresh sanctions on about 200 Russian individuals and entities this week, according to a person familiar with the matter, in a push to tighten the sanctions net around the country a year after its invasion of Ukraine.

21.02 / 15:15

boost U.S., Allies to Boost Efforts to Stop Russia Skirting Sanctions

The U.S. and its allies are preparing to increase efforts to enforce sanctions against Russia, threatening to hit foreign companies helping Moscow evade economic restrictions.

21.02 / 13:33

regulation Department Of Justice sanctions Interpol Brit who consulted North Korea on crypto reportedly detained in Moscow

The local bureau of Interpol detained a British national charged by the United States Department of Justice (DoJ) in Moscow. He’s being alleged of conspiring to violate U.S. sanctions on North Korea.

17.02 / 14:19

China Begins Hong Kong ‘Cross-Border’ Digital Yuan Pilot

Shenzhen, China, has begun a retail-focused “cross-border” digital yuan pilot with Hong Kong.

13.02 / 19:31

COST CBDC Digital Strategy Bitcoin CBDC Launch ‘May Cost Russian Banks $684m a Year’

Russian commercial banks will lose $684 million a year if the nation’s Central Bank launches a central bank digital currency (CBDC), experts have claimed.

10.02 / 18:39

UPS Digital Bitcoin Russian Government Says It Won’t Rush into Crypto-powered Trade with Iran

The Russian government has said it is exploring the notion of using crypto in trade deals with Iran – but will not be hurried into action.

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