Bitcoin News / Google News Bitcoin - 2 months ago
BRICS Backs Russia's Push for New Global Payment System to Counter Western Control& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 2 months ago
Russia’s push for a BRICS payment system is gaining traction, with partners endorsing the plan to counter an “outdated, expensive, and ineffective” global framework. BRICS Partners Support Russia’s Plan for a New Payment System Russian Deputy F...
Bitcoin News / Bitcoin.com - 2 months ago
Russian banks, particularly smaller ones, are unhappy about the high cost (between $1.25 million and $2 million) of integrating with the central bank’s digital ruble platform. This cost is seen as prohibitive for many banks, exceeding their IT...
Bitcoin News / Bitcoin.com - 2 months ago
Western efforts to isolate Russia have faltered as 36 nations attended the BRICS Summit in Kazan, a Russian official has declared. The BRICS leaders summit, chaired by Russia, saw 22 high-level delegations, highlighting Russia’s continued globa...
Bitcoin News / Google News Bitcoin - 2 months ago
Bitcoin As A Tool: BRICS 2024 Summit Proposes Russian Miners Sell BTC To Evade Sanctions | Bitcoinist.com& & Bitcoinist
Bitcoin News / Bitcoinist - 2 months ago
As the 2024 BRICS Summit commences in Kazan, Russia, discussions surrounding cryptocurrency have taken center stage. Lawmakers from Brazil, Russia, India, China, and South Africa are exploring the potential for Russian miners to leverage Bitcoin in i...
Bitcoin News / Bitcoin.com - 2 months ago
Russia pushed for the creation of a BRICS platform to trade precious metals and diamonds at the BRICS Summit, criticizing excessive global trade regulations. President Vladimir Putin emphasized the need to bypass barriers that stifle the market. The...
Bitcoin News / Bitcoinist - 2 months ago
A detained social media influencer could be heading to a Russian penitentiary and staying there for about 10 years to live out her sentence for committing crypto fraud. Valeria Fedyakina, dubbed the “Crypto Queen,” is at the center of multiple charge...
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Bitcoin News / Bitcoin.com - 2 months ago
Dmitry Medvedev, Deputy Chairman of Russia’s Security Council, called for weakening Western influence, stating Russia’s goal is the collapse of U.S. power or re-establishing a Soviet-era global counterbalance. He emphasized that Russia must dis...
Bitcoin News / Google News Bitcoin - 2 months ago
Russia Seeks to Weaken the West, Collapse US, Medvedev Declares& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 2 months ago
European sanctions against Russia are impacting small European exporters, particularly in Italy, more severely than Russia itself, according to Ferdinando Pelazzo, president of the Italian-Russian Chamber of Commerce. Small and medium-sized enterpris...
Bitcoin News / Google News Bitcoin - 2 months ago
Putin Blasts US Sanctions, Reveals 95% of Russian Trade Now Dollar-Free& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 2 months ago
Russian President Vladimir Putin criticized U.S. sanctions, noting that they are driving global economies away from the U.S. dollar and leading to a gradual decline in its use for international trade and reserves. He highlighted that Russia now condu...
Bitcoin News / Bitcoin.com - 2 months ago
Nearly 40 countries will participate in the BRICS Plus/Outreach session, expanding the reach of the 2024 BRICS Summit hosted by Russia. The summit will address cooperation in politics, security, and economics. A central focus will be the expansion of...
Bitcoin News / Google News Bitcoin - 2 months ago
BRICS Unites 40 Nations at Leaders' Summit — Russia Pushes for Global Partnerships& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 2 months ago
Bitriver, a Russian data mining company, has partnered with the Russian Direct Investment Fund (RDIF) to expand data center infrastructure and AI projects across BRICS countries. The goal is to boost Russia’s presence in AI and cryptocurrency m...
Bitcoin News / Bitcoin.com - 2 months ago
Russian President Vladimir Putin has unveiled a plan to introduce digital currencies as a key tool for investment for the BRICS alliance. This proposal aims to boost economic growth in developing nations, with a focus on minimizing inflationary risks...
Bitcoin News / Google News Bitcoin - 2 months ago
Russia Pushes Digital Currency Plan for BRICS — Is This the End of Western Financial Dominance?& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 2 months ago
Russia is determined to create a domestic payment system to conduct trade and international transactions free from current disruptions. Mikhail Mishustin, Prime Minister of Russia, stated that this will be a joint effort by many institutions to achie...
Bitcoin News / Bitcoin.com - 2 months ago
The BRICS summit, not the U.S. presidential election, will be the defining event of global history, a Russian official claims. With BRICS expanding and 65% of its transactions now in national currencies, they argue the world is shifting away from U.S...
Bitcoin News / Bitcoin.com - 2 months ago
A Fellow at the Carnegie Russia Eurasia Center and former adviser at the Central Bank of Russia has weighed in on the digital ruble, Russia’s central bank digital currency (CBDC), highlighting its potential role in reshaping Russia’s financial...
Bitcoin News / Google News Bitcoin - 2 months ago
Digital Ruble and Sanctions: Expert Analyzes Russia's Digital Currency Plan to Evade Western Control& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 2 months ago
Russia’s financial regulator maintains that its anti-money laundering system, including strengthened virtual currency regulations, remains effective even if the country faces potential blacklisting by the Financial Action Task Force (FATF). The...
