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sanctions

Is this a hint at what BRICS currency system will look like?

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14 October, 2024

Is this a hint at what BRICS currency system will look like?

Deputy Chairman of the State Duma, Alexander Babakov, dropped a hint in late September that BRICS could use blockchain technology...

Russia eyes trial for digital asset exchange amid sanctions

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30 August, 2024

Russia eyes trial for digital asset exchange amid sanctions

The Moscow Exchange and the St. Petersburg Currency Exchange will allegedly each operate a digital asset exchange next year if...

Is BRICS about to announce a gold-backed currency?

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26 August, 2024

Is BRICS about to announce a gold-backed currency?

What the BRICS system will look like in the future is still unclear, but with its annual summit ahead in...

Huawei prepares AI chip for Chinese market

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20 August, 2024

Huawei prepares AI chip for Chinese market

Huawei's new chip is already creating a buzz in China, and a group of Chinese companies, including Baidu and Bytedance,...

Russia passes bill legalizing digital assets in bid to avoid international sanctions

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1 August, 2024

Russia passes bill legalizing digital assets in bid to avoid international sanctions

In a desperate move, Russia passed a bill allowing businesses to use digital assets for cross-border trade beginning in September,...

Russia cautiously warms up to digital asset payments as Putin warns of power disruptions

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26 July, 2024

Russia cautiously warms up to digital asset payments as Putin warns of power disruptions

Russia’s AML chief called on the government to accelerate the development of digital asset payment infrastructure in international payments amid...

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