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Tag: Western sanctions

China’s Yuan Emerges as Russia’s Lifeline for Reserves

In a revealing update from Russia’s central bank, it’s become clear that amidst ongoing international tensions, the Chinese yuan is emerging as a crucial...

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Russia to Charge Commissions on Digital Ruble Transactions from 2025

The Bank of Russia yesterday (Thursday) revealed further details on its central bank digital currency (CBDC), including the symbol of the digital ruble and...

Cash-for-Metaverse: How China’s Digital RMB And Metaverse Strategy Could Circumvent Sanctions – CryptoInfoNet

IntroductionOn February 27, the State Council of the People’s Republic of China released its Digital China Plan (数字中国建设整体布局规划), outlining China’s latest strategy for its...

Ukraine Seeks to Trace Illicit Crypto Transactions With American Help  – BitcoinWorld

The United States Internal Revenue Service (IRS) has reportedly provided advanced training to Ukrainian law enforcement officials to help uncover illegal...

Russia Authorized Platforms Issued Digital Assets Worth $1B Last Month

4 hours ago | 2 mins read Bitcoin News In Russia, DFAs are...

Binance Reportedly Investigated in US for Russia Sanctions Violations

Cryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report. The inquiry is...

Russia Projected to Start Purchasing Chinese Yuan for Its Foreign Reserves as Soon as May

Russia will start to purchase Chinese yuan for its international reserves as soon as this month, according to reports from Russian economists. While analysts...

‘Evil Crypto’ Can Be Used in Foreign Trade, Russia’s Deputy Finance Minister Says

Cryptocurrency may be bad for investors but it can be useful in international settlements, according to a top government official in Moscow. Russian...

Binance Reportedly Removes Restrictions on Russian Users

The world’s largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. According to multiple reports, Russians can once...

Russia to Work With Digital Currencies of Other Nations

The platform developed for the digital ruble will be able to operate with different state-issued digital currencies, the Bank of Russia said. Mechanisms...

Russia Negotiating Free Trade Deal With India to Facilitate Imports in the Face of Sanctions

Russia is in the process of negotiating a free trade deal with India in order to substitute part of the products and investments...

Inside MetaTrader’s Community-Powered Six-Month Turnaround After App Store Suspension (Dmytro Spilka)

Early March 2023 brought the news that thousands of forex traders had been waiting nearly six months for. Following a lengthy ban from Apple’s...

Week Ahead – All eyes on China’s GDP, UK CPI, Flash PMIs, and Earnings

US The first few banks are delivering a strong start to earnings season, reigniting soft landing calls, while large parts of Wall Street remain...

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