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Cryptocurrency Market

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  • Market Cap: $2,403,967,641,718.38
  • 24h Vol: $55,942,941,773.29
  • BTC Dominance: 56.52%

Russia

while-useful,-bitcoin-will-not-replace-the-us.-dollar,-russian-analyst-warns

While Useful, Bitcoin Will Not Replace the U.S. Dollar, Russian Analyst Warns

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, Economics, Ethereum, Russia, Stablecoins, US Dollar, Vitkor Pershikov / / / , , , , , , ,

Viktor Pershikov, a Russian expert in financial markets, has explored the opportunities that crypto and bitcoin will bring to Russia following the laws approved recently by President Putin. Pershikov stated that, while some cryptocurrencies present interesting opportunities as payment tools, ultimately, no cryptocurrency can currently substitute for the U.S. dollar. Russian Analyst States Bitcoin Won’t […]

While Useful, Bitcoin Will Not Replace the U.S. Dollar, Russian Analyst Warns Read More »

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China-Russia International Trade Payments Situation Worsens: Crypto and Barter Rise as Alternatives

Leave a Comment / barter, Bitcoin, China, Crypto, Crypto Hacked, Cryptocurrency, Economics, Ethereum, Russia, secondary sanctions, trade / / / , , , , , , ,

Chinese regional banks, which were once used as bridges to process payments from Russia to China, have begun rejecting these payments for fear of secondary sanctions. To facilitate these transactions, cryptocurrency and even barter schemes have emerged as options to continue trading outside the dollar-dominated financial system. Crypto Considered for Settling Trade Transactions Between China

China-Russia International Trade Payments Situation Worsens: Crypto and Barter Rise as Alternatives Read More »

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Putin Signs Law to Advance Cryptocurrency Use in Russia’s International Trade

Leave a Comment / Bank of Russia, Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, Digital Currencies, Elvira Nabiullina, Ethereum, international trade, Regulation, Russia, Vladimir Putin / / / , , , , , , , ,

Russian President Vladimir Putin has signed a new law to establish experimental legal frameworks to advance digital technologies, particularly cryptocurrencies, in international trade. The legislation allows for the modification of laws to facilitate cryptocurrency transactions, including cross-border trade, and grants the Bank of Russia oversight of pilot projects related to digital currencies. Putin Signs Law

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Iran Backs Russia on BRICS Single Currency Initiative

Leave a Comment / Bitcoin, brics, BRICS currency, Crypto Hacked, Cryptocurrency, Currency, Ethereum, Iran, Moscow, News Bytes, News Bytes - 2, Russia, Sanctions, single currency / / / , , , , , , , , ,

Iran plans to support Russia’s initiatives on creating a BRICS single currency and expanding national currency payments within the bloc, according to Iran’s Ambassador to Moscow, Kazem Jalali. The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring the creation of a new currency to reduce reliance on the U.S. dollar and mitigate

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Russian State Duma Deputy Chairman: BRICS SWIFT Counterpart Needed for Creating a New Economic Reality

Leave a Comment / Bitcoin, brics, Crypto, Crypto Hacked, Cryptocurrency, Economics, Ethereum, Russia, State Duma, Swift / / / , , , , , ,

Alexander Babakov, Deputy Chairman of the Russian State Duma, highlighted the need to create a BRICS equivalent to the SWIFT messaging system, which routes payments alongside the current banking infrastructure. Babakov emphasized that this new system would help to reduce the dependence on Western institutions and simplify settlements outside the dollar-dominated system. BRICS SWIFT Equivalent

Russian State Duma Deputy Chairman: BRICS SWIFT Counterpart Needed for Creating a New Economic Reality Read More »

russia-advances-cryptocurrency-mining-bill

Russia Advances Cryptocurrency Mining Bill

Leave a Comment / Bitcoin, Crypto, crypto bills, Crypto Hacked, crypto mining, Cryptocurrency, cryptocurrency mining, Ethereum, Regulation, Russia / / / , , , , , ,

Russia’s State Duma has advanced a bill to regulate cryptocurrency mining, aiming to curb illegal activities and promote investment and employment. Proposed by the chairman of the Duma Committee on Financial Markets and supported by key deputies, the bill mandates strict guidelines for miners, including registration and government oversight. If passed, the law will take

Russia Advances Cryptocurrency Mining Bill Read More »

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BRICS Considers Iran’s Proposal to Link Payment Systems of All Member Countries, Says Russian Official

Leave a Comment / Bitcoin, brics, Crypto Hacked, Cryptocurrency, Economics, Ethereum, Iran, payment systems, Russia / / / , , , ,

The BRICS economic bloc is considering Iran’s proposal to link all member nations’ payment systems, according to Russian Deputy Foreign Minister Andrey Rudenko. The proposal aims to enhance BRICS countries’ financial sovereignty by establishing a resilient and sanctions-resistant payment infrastructure. Discussions include integrating financial markets, payments in national currencies, and new mechanisms for mutual financial

BRICS Considers Iran’s Proposal to Link Payment Systems of All Member Countries, Says Russian Official Read More »

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2 Foreign Nationals Plead Guilty in Lockbit Ransomware Case

Leave a Comment / Bitcoin, Crimes, Crypto, crypto crimes, Crypto Hacked, Cryptocurrency, Ethereum, lockbit, News Bytes, News Bytes - 2, ransomware, Russia, russians / / / , , , , , , , , ,

Two foreign nationals pleaded guilty in Newark federal court regarding their participation in the Lockbit ransomware organization, the U.S. Department of Justice (DOJ) revealed on Thursday. Russian citizen Ruslan Magomedovich Astamirov and Mikhail Vasiliev, a dual citizen of Canada and Russia, were identified as members of the Lockbit group. Active since January 2020, this group

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Putin Calls to ‘Seize the Moment’ to Kickstart Digital Ruble and Crypto Adoption In Russia

Leave a Comment / Bitcoin, CBDC, Crypto, Crypto Hacked, Cryptocurrency, Digital Assets, digital ruble, Ethereum, News, Russia, Vladimir Putin / / / , , , , , , ,

President Vladimir Putin declared it was time for Russia to create the environment needed to increase the adoption of digital assets and the Russian CBDC, the digital ruble, as part of the country’s economic tissue. He also reported that over 30,000 transactions have been made in the pilot test phase of the digital ruble, with

Putin Calls to ‘Seize the Moment’ to Kickstart Digital Ruble and Crypto Adoption In Russia Read More »

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Putin Envisions Official BRICS Parliamentary Organization

Leave a Comment / Bitcoin, brics, Crypto Hacked, Cryptocurrency, Economics, Ethereum, parliamentary organizations, Putin, Russia / / / , , , ,

Russian President Vladimir Putin believes that the BRICS economic bloc will have its own official parliamentary organization in the future. Speaking at the 10th BRICS Parliamentary Forum, Putin emphasized the importance of parliaments in promoting multilateralism and global security. He highlighted BRICS’ principles of democracy, sovereignty, and mutual respect, and called for collective efforts to

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