Facing potential financial vulnerabilities due to U.S. sanctions and recent actions by Tether, Russia is exploring the creation of its own stablecoin. The Russian Ministry of Finance is […]
Russia Eyes Stablecoin Development Amidst Sanction-Related Challenges
A Russian finance ministry official has proposed developing a domestic stablecoin to mitigate future restrictions similar to those imposed on the sanctioned Russian exchange Garantex. Deputy director Osman […]
Russia Urged to Develop National Stablecoin Amid Global Payment Transformation
Ivan Chebeskov, head of the Digital Financial Assets Department at the Russian Ministry of Finance, has called for Russia’s development of a national stablecoin. This move aligns with […]
Russia Invests in National Stablecoin After USDT Freeze on Sanctioned Exchange
In response to the freezing of digital assets linked to sanctioned entities by Tether (a major stablecoin issuer), Russia is exploring the creation of a state-backed stablecoin. The […]
Russia Proposes Stablecoin Alternative Amidst USDT Freeze
Following the freezing of Russian-linked USDT holdings by Tether, a proposal to develop an internal stablecoin pegged to alternative currencies is gaining traction. Osman Kabaloev, Deputy Director of […]
Russia Seeks Control Over its Digital Finance with Proposal for National Crypto Stablecoin
Russia’s Finance Ministry has proposed a groundbreaking move: the creation of a national crypto stablecoin. This proposal aims to enhance domestic digital finance, reduce reliance on foreign crypto […]
Russia Considers Internal Stablecoin Solutions Following Tether Blockage
Following Tether’s recent blocking of Russian-linked digital wallets belonging to the crypto exchange Garantex, Russia’s finance ministry is considering developing its own fiat-backed stablecoins. Deputy Head of the […]
Russia Proposes National Crypto Stablecoin Amidst Sanctions
Russia’s Finance Ministry has proposed a national cryptocurrency stablecoin aimed at circumventing sanctions and reshaping international trade. This initiative, spearheaded by key figures like Osman Kabaloev and Alexei […]
Global Blockchain Forum to Ignite Moscow in 2025
Russia is set to become a leading hub for the cryptocurrency industry, with Moscow hosting the Global Blockchain Forum 2025 on April 23-24. This two-day event, featuring over […]
Russian Businesses Embrace Crypto for Cross-Border Payments as Sanctions Tighten
Amidst the ongoing economic squeeze from sanctions imposed following the conflict in Ukraine, Russian businesses are turning to cryptocurrencies as a viable alternative for international transactions. The country’s […]
Russian Crypto Theft Losses Reach $150 Million in 2024
A new study by cybersecurity experts reveals that Russians have suffered significant financial losses due to crypto theft in the past year, totaling over $150 million. These losses […]
Russia Seeks Crypto Regulation for Cross-Border Payments
Facing limitations on traditional financial systems due to Western sanctions, Russian logistics giant ETE Group calls for a clear crypto regulation framework in Russia. They believe this framework […]
Russia’s Central Bank Invests in Crypto, Seeks Legal Framework for Payments
The head of Russia’s central bank has acknowledged growing interest from Russian businesses in crypto payments for international trade deals. The governor also revealed plans to expand trials […]
Trump’s Potential Call for Russia to Halt Ukraine War Sparks Controversy
Former U.S President Donald Trump is reportedly urging Russia to end the conflict in Ukraine, sparking significant debate and controversy. The call came amidst growing concerns over escalating […]
Russia Eyes Digital Assets Amid Trade Shifts, Seeking Alternative Payment Channels
Facing global trade shifts fueled by U.S. tariffs and sanctions, Russia’s central bank is exploring the potential of digital assets. Central Bank Governor Elvira Nabiullina highlighted this in […]