
Sanctions
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
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
Russia’s AML chief called on the government to accelerate the development of digital asset payment infrastructure in international payments amid...
Russia pushing ‘crypto’ payments, SWIFT alternative as sanctions bite
Bank of Russia said it had softened its stance on digital asset payment due to sanctions but admitted that the...
Iran launches retail CBDC pilot on Kish Island ‘free zone’
The CBDC trial will take place on the island of Kish, where the ‘digital rial’ will be available to banking...
Russia: New law greenlights digital assets use for cross-border payments
The provisions of the newly minted law reveal that only tokenized assets issued by the Bank of Russia are authorized...
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