Sanctions

Cryptocurrency company Tether is currently under federal investigation for potential sanctions and anti-money laundering (AML) violations, according to the Wall Street Journal. The criminal investigation, led by prosecutors from…

As the 2024 BRICS summit gets underway in Kazan, Russia, crypto-related discussions have taken center stage. Lawmakers from Brazil, Russia, India, China and South Africa are exploring the possibility of Russian miners leveraging…

The Ministry of Energy and Petroleum threatened to clamp down on fuel filling stations that continued to sell fuel at high prices, despite the price drop announced on Tuesday. Cabinet Secretary (CS) Opio Wandayi said some petrol…

Written by Elena Fabrichnaya MOSCOW (Reuters) - The expiration of a U.S. license allowing transactions involving pillars of Russia's financial infrastructure could make doing business with Russian companies more difficult and costly,…

Written by Elena Fabrichnaya and Gleb Bryansky MOSCOW (Reuters) - Trade between Russia and India is booming and bilateral payments are running smoothly without the problems that have hampered trade with other countries, Anatoly Popov,…

Russia is reportedly set to begin experiments on cryptocurrency exchanges and token transactions for cross-border payments to mitigate the impact of international sanctions. Russia appears to be days away from starting trials of…

By Gleb Stolyarov, Philip Lebedev and Alexander Marrow LONDON (Reuters) - About $2.3 billion in dollar and euro banknotes have been shipped to Russia since the United States and European Union banned exports of their banknotes there in…

In a significant legislative move, Russian lawmakers have passed a bill that would allow companies to use Bitcoin and other cryptocurrencies in international trade, according to a report by ReviewersThe development comes as part of Russia’s…

Russia's shift towards stablecoins comes against the backdrop of its presidency of the BRICS group (Brazil, Russia, India, China, and South Africa). BRICS The BRICS countries have previously discussed creating a digital…

MOSCOW (Reuters) - U.S. sanctions imposed on Moscow this month have complicated foreign trade operations for Russian banks but they are gradually adapting to the new reality, the chief financial officer of Russia's second-largest lender…