Russia Financial News

05.04 / 05:19

Adoption IMF Dollar end Malaysia enlists China to help end USD dependence for trade

China and Malaysia are considering moving forward on discussions regarding an Asian Monetary Fund as distancing from U.S. dollar hegemony becomes a greater priority in the region.

04.04 / 13:03

business Stablecoin regulation Dollar Brazil bank BTG Pactual to issue USD-pegged stablecoin

Major Brazilian investment bank BTG Pactual continues onboarding new cryptocurrency services with the launch of its own stablecoin backed by the U.S. dollar.

04.04 / 11:23

Ukraine Farms Attract Money and Help From Allies, Top Food Companies

Foreign countries and some of the world’s largest agriculture companies are donating or lending hundreds of millions of dollars to Ukrainian farmers, marking an early push by Kyiv’s allies to rebuild the country even as the war shows little sign of ending soon.

04.04 / 10:59

cryptocurrency Hack security scam North Korean Hackers Target Cryptocurrency Firms in Massive 3CX Supply Chain Hack – Here's What Happened

Russian cybersecurity firm Kaspersky has warned of a new form of attack on cryptocurrency firms, which it says is carried out with "surgical precision" by hackers using corrupted software.

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.

04.04 / 09:35

Provident Target Progressive Fraud A Sharp Rise in Bogus Russian Crypto Exchanges – How Are Fraudsters Targeting Russians?

A “significant” rise in the number of fraudulent crypto exchanges targeting Russians and Russian-speaking crypto traders has been detected, a new report has found.

03.04 / 12:25

Saudi-Led Oil Producers to Lower Output Further

A group of large oil producers led by Saudi Arabia said Sunday they would cut more than a million barrels of output a day starting next month, a surprise move that upset Washington and led to a jump in crude prices amid concerns about the global economy.

31.03 / 11:33

UPS UK Home Secretary Suella Braverman launches economic crime plan

The three-year plan, which was delayed by nine months, allows the Government, the law enforcement and private sector to collaborate and crack down on money laundering, kleptocracy and sanctions evasion.

31.03 / 06:03

CBDC Adoption Russia talks up prospects of BRICS countries developing new currency

A new world order could be emerging as economic powerhouses increase their efforts to distance themselves from US dollar hegemony.

30.03 / 19:39

defi regulation Federal Reserve Bitcoin Regulation Bitcoin regulatory Bitcoin touches $29K! Why BTC is unaffected by regulatory pressure

In this week’s episode of Market Talks, Cointelegraph welcomes Brent Xu, founder and CEO of Umee — a decentralized finance hub built on the Cosmos SDK that offers tools for macro-level borrowing and lending applications. Before founding Umee, Xu led strategy at Tendermint while setting the strategic roadmap and partnerships for the Cosmos Ecosystem.

30.03 / 19:15

business Government Blockchain CBDC Digital Currency Bank of Japan Japan plans to form expert panel to explore digital yen: Report

Japan's Finance Ministry is planning to establish an expert panel in April to explore the feasibility of introducing a digital yen, Japanese news outlet NHK reported.

29.03 / 20:53

regulation Social Media Telecommunications Anti-TikTok RESTRICT Act could be turned against crypto and much else, think tank warns

The RESTRICT Act, a bipartisan bill introduced earlier this month into the United States Senate, could be applied in broad and unexpected ways, including to threaten crypto, should it become law, think tank Coin Center warned in its blog.

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.

29.03 / 08:29

CBDC Adoption regulation Bank of Russia testing Ruble Russia delays digital ruble launch testing due to lawmaking process

The rollout of The Bank of Russia’s central bank digital currency (CBDC) pilot is being delayed for an indefinite period. Although all the participants, at least from the banking side, reassure of their readiness to begin the testing.

28.03 / 20:43

markets Binance CFTC Bitcoin Bitcoin Price Bitcoin price holds its ground in the wake of CFTC case against Binance

The price of Bitcoin (BTC) fell 3.6% to $26,900 after Binance and CEO Changpeng "CZ" Zhao were sued by the United States Commodity Futures Trading Commission (CFTC) on March 27. To date, Binance has been investigated by the CFTC, the US Securities and Exchange Commission (SEC), the Internal Revenue Service and federal prosecutors.

24.03 / 18:01

Digital Citizens regulation Platform Bitcoin lawmakers crypto legislation NOT Russian Lawmakers ‘to Roll Out Crypto Legislation in April’ – But Not Everyone’s Happy About It

Russian lawmakers say that long-awaited crypto legislation will be ready for debate in parliament next month – although critics have raised concerns.

24.03 / 16:19

Provident Binance Digital CEO Platform Discover Bitcoin BUG spot trading Crypto Giant Binance Grapples with Bug, Suspends Spot Trading Temporarily

In a surprising turn of events, Binance, the world's largest cryptocurrency exchange by daily trading volume, has temporarily suspended all online spot trading on its platform.

24.03 / 15:25

Exodus China’s Economic Lifeline to Russia Gives Beijing Upper Hand

Chinese President Xi Jinping’s visit to Moscow—and the flurry of trade, energy and infrastructure deals discussed during his trip—has laid bare an increasingly uncomfortable truth for Moscow: In a relationship the Kremlin has long treated with the utmost caution, China is gaining the upper hand.

24.03 / 12:55

Cooper Central Banks Should Press Ahead With Rate Rises Despite Bank Pains, Says OECD

Western central banks should keep raising interest rates to tame high inflation, a leading research body said on Friday, as fresh data showed wages in the eurozone rose at the fastest pace on record late last year.The news underlines how concerns about inflation persist despite market expectations that mounting strains in the banking system could lead central banks to pause their interest rate rises.

24.03 / 06:47

business regulation SEC coinbase Bitcoin Regulation 'Surgical removal' of crypto will only weaken USD dominance, commentators say

The United States' crackdown on cryptocurrencies and firms will only serve to stifle crypto-related innovation and “weaken” the country, said industry pundits in the wake of Coinbase's recent Wells notice.

24.03 / 01:13

Government Stablecoin CBDC regulation privacy Future The world could be facing a dark future thanks to CBDCs

During the financial crisis of 2007–2008, many people lost trust in traditional financial institutions and turned to alternative forms of currency, such as cryptocurrencies. It was a way for people to maintain their financial freedom and privacy in a system that had let them down. However, the rise of central bank digital currencies (CBDCs) raises serious concerns about privacy and freedom.

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