EU escalates sanctions with new crypto restrictions on Russia


In a significant move aimed at escalating pressure on Russia over its military actions in Ukraine, the European Union has announced a new set of sanctions, marking the 12th package against Russia. This latest round of sanctions, detailed in a European Commission Q&A on December 18, specifically targets the crypto-asset sector, placing stringent restrictions on […]

Assessing Russia’s mission of challenging U.S. dominance

Assessing Russia's mission of challenging U.S. dominance

Russia’s strategic endeavors, consistently aimed at challenging the preeminence of the United States on the global stage, present a multifaceted geopolitical puzzle. This intricate dance of power and influence unfolds across various domains, from military conflicts to energy politics, revealing a complex web of ambitions and counteractions. Geopolitical maneuvering and the Ukrainian conundrum Vladimir Putin’s […]

Russia’s Ministry of Finance proposes to export mined crypto as gas


Russia’s Ministry of Finance is considering exporting cryptocurrency generated by mining operations in the nation. According to the Ministry, this method would work similarly to the country’s natural gas exports.  The announcement was made at a recent roundtable discussion by Russia’s Deputy Finance Minister Ivan Chebeskov. Chebeskov noted at the “Cryptocurrency and the Future of […]

Vladimir Putin pinpoints the end of Western banking dominance – BRICS reign begins


Russia, a BRICS member, has warned that the United States’ domination of global banks and important financial organizations will end shortly. Russian President Vladimir Putin stated that Western-dominated technologies are becoming obsolete, but the BRICS are ushering in a new era that will replace the traditional financial system with a new world order. Putin weighs […]

The economic hurdles waiting for Putin if he gets re-elected

Russia and Putin

As Russian President Vladimir Putin gears up for another potential six-year term following the March election, a victory largely perceived as inevitable, he faces a labyrinth of economic challenges. His re-election would not only continue his long-standing tenure but also bring to the forefront several critical economic hurdles that need urgent attention. Persisting Ukraine Conflict […]

Iran and Russia are secretly plotting against U.S. and its dollar

Iran Russia U.S. and dollar

In a series of high-profile meetings that could reshape global economic dynamics, Iran’s President Ebrahim Raisi and Russia’s President Vladimir Putin have engaged in discussions that signal a potential shift away from the U.S. dollar’s dominance. This move comes as part of a broader strategy involving the expanded BRICS alliance, which Iran is set to […]

Putin Takes Aim at Western AI Monopoly, Advocates for National Strategy

AI monopoly

In a strategic move to safeguard Russia from the perils of Western AI dominance, President Vladimir Putin has unveiled plans for a national strategy for artificial intelligence development. The Russian leader, addressing an AI conference in Moscow, emphasized the necessity of utilizing homegrown solutions to ensure the reliability, transparency, and safety of AI systems. The […]

Russia-Linked Hackers Acknowledge Responsibility for OpenAI Outage Amidst Alleged Israel Connection

OpenAI Outage

Unbelievably, Anonymous Sudan—a hacker group allegedly associated with Russia—has surfaced as the mastermind behind the latest wave of disruptions affecting OpenAI’s popular chatbot, ChatGPT. The group’s motive, as declared on the Telegram messaging app on Nov. 8, points accusing fingers at OpenAI’s alleged support of Israel through its exploration of investment opportunities.  The fallout from […]

Why is Russia coming after Coinbase now?

Coinbase on the ropes

The recent actions of the Russian government against Coinbase, a prominent US cryptocurrency exchange, have raised eyebrows in the international tech community. Coinbase now joins the ranks of several tech giants targeted by Russian regulators, a move that signals a more assertive stance by Russia in its digital sovereignty campaign. But what underlies this sudden […]

Russia warns of U.S. running out of paper for dollar printing

Russian officials ditch iPhones en masse over US spying fears (1)

In a striking statement that has raised eyebrows in the international community, Russia has warned that the United States might soon run out of paper to print dollars needed to service its burgeoning debt. This bold claim comes amidst a flurry of activity in the foreign exchange markets by Russia, a prominent member of the […]

US Treasury Imposes Sanctions on Russian National for Money Laundering via Virtual Currency


The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken decisive action against money laundering activities involving virtual currency. In a bid to curb the exploitation of virtual assets to evade international sanctions, OFAC has imposed sanctions on Ekaterina Zhdanova, a Russian national.  Zhdanova is accused of playing a significant role in […]

Russia’s next generation military technology


In a recent development, Russia has initiated efforts to incorporate artificial intelligence (AI) into its drones, enhancing their autonomy and combat capabilities. These advancements have been disclosed by Oleksandr Kovalenko, a military-political commentator from the “Information Resistance” group, during an interview with FREEDOM TV. The move marks a significant step in Russia’s pursuit of advanced […]

BRICS shakeup: Yuan outshines Dollar as dominant currency in Russian trades


The world of international finance is in a constant evolution as the balance in major currencies shifts. A notable scenario is the growing attention on the Chinese Yuan that has dominated the US Dollar. Yuan is currently the most traded currency in the region of Russia and some of the BRICS countries. This development has […]

China and Russia’s alliance: Strategic partnership or risky bet?

China says it wants to be better friends with Russia

The dynamic interplay between two of the world’s superpowers, China and Russia, has left many pondering the ramifications of their growing partnership. While at a glance it may appear that this alliance is rock-solid, a closer inspection reveals several layers of complexity and nuance. Strengthened Bonds Amid Global Strains Upon Vladimir Putin’s most recent visit […]

Russia’s MTS telecom giant announces ads services that target Telegram users


The crypto world is an ever-growing technology that has realized stiff competition among regions and individual companies. In getting the right audience and a wider reach, digital marketing strategies have been employed, and among the latest ones is Russia using its giant Telecom platform MTS to target users in the Telegram social media platform.  The […]

Sber rejoins Russia’s digital ruble trials for 2024

Sber, Russia’s banking titan and a burgeoning technology heavyweight, recently committed to partaking in the country’s Central Bank digital currency (CBDC) trial slated for 2024. This development follows the financial institution’s surprising departure from the initial pilot stage earlier this year. Significantly, Sber’s inclusion in the upcoming phase marks a pivotal moment for Russia’s digital […]

Why the U.S. will lose if it picks a fight with China and Russia


Standing on the precipice of a new global order, the U.S. faces a daunting challenge. The increasing nuclear prowess of China, coupled with Russia’s established might, presents an unparalleled test. For the first time, America is confronting the reality of two nuclear-powered rivals with ambitions potent enough to challenge the international status quo. Navigating Unchartered […]

U.S. has to prepare for two wars now, or else


The clock is ticking, and America’s on the line. Picture this – an emboldened Russia making strategic plays in Eastern Europe, and a rapidly militarizing China, edging ever so close to Taiwan. This isn’t some dystopian novel or a plot from a Cold War reboot movie. It’s the reality we’re steering into. The U.S. has […]

Arrest warrant issued for Gubin in high-profile BTC case


Moscow’s top court has taken a decisive step in a high-profile bribery case involving a staggering 2,718 BTC, equivalent to $74,457,707. Dmitry Gubin, formerly a leading investigator for Moscow’s Tverskoy district, now finds himself at the center of this storm. Consequently, the court has issued an arrest warrant for Gubin, citing allegations of his involvement […]

Binance exits Russia with its subsidiary sale to CommEX


Wednesday, the global leading crypto exchange Binance announced that it will sell its Russia business to the newly-launched crypto exchange CommEX, becoming the latest company to pull out of Moscow since Russia’s invasion of Ukraine. The largest crypto exchange in the world did not disclose the financial details of the deal. The company stated that […]

Why are G7 countries icing out Russia?

Russia points finger at U.S. for Kremlin drone attack

Dive into the shimmering world of diamonds, and one is plunged into a vast pool of geopolitics, technology, and economies. The recent shift in the diamond industry is no exception, with the G7 countries marking their territory and setting a firm stance against Russia. Why? Because when it comes to the G7’s economic play, every […]

North Korean hackers use Russian exchanges to move stolen crypto

JasperArt 2023 09 16 20.20.43 upscaled

Recent data reveals alarming trends in the world of cybercrime. On September 14, Chainalysis, a leading on-chain analytics firm, estimated a staggering $3.54 billion in stolen bitcoin. Besides pinpointing the culprits, the report sets the spotlight on North Korea. The country is escalating its illicit activities in the cyber realm. Moreover, it appears to be […]

China says it wants to be better friends with Russia

China says it wants to be better friends with Russia

In a world fraught with geopolitical shifts, China makes a resounding statement, setting its sights on fortifying its bond with Russia. While most nations follow the herd, Beijing marches to the beat of its own drum, willing to intertwine its fate with Moscow even further. The repercussions of such a move on the global stage […]

Binance wants to leave Russia for shocking reason


Binance, a behemoth in the cryptocurrency exchange realm, seems ready to make an audacious move – possibly withdrawing its extensive services from Russia. This comes amidst escalating sanctions, with the United States leading the charge against the crypto giant. Mounting Global Pressures The undercurrents of Binance’s contemplation could be felt long before it became public […]

Binance faces allegations of facilitating illicit Russian money transfers amid US sanctions

JasperArt 2023 08 23 13.30.47 upscaled

Amid escalating geopolitical tensions between the United States and Russia, Binance, the world’s leading cryptocurrency exchange regarding trading volume, could face legal troubles. The Wall Street Journal has alleged that the exchange facilitated illicit money transfers by Russian users, potentially violating US sanctions targeting Russia’s economy as a response to its military activities in Ukraine. […]

U.S. picks a fight with Iran over Russia

U.S. looking to have beef with Iran over Russia

The political chessboard of global affairs is in flux, and central to this is the U.S.’s aggressive push to sever Iran’s ties to Russia. This hardline stance stems from their alleged drone transactions and is emblematic of the high-stakes gamesmanship characterizing U.S.-Iran relations. A Web of Tense Diplomacy Recent events have revealed that the U.S. […]

Putin to address rouble drop and strategies

Putin to address rouble drop and strategies

President Vladimir Putin is preparing to get down to the nitty-gritty of the spiraling rouble. Despite a striking 3.5 percentage point uptick in interest rates, the Russian currency continues its disheartening plummet. With all eyes on Putin and his subsequent moves, a new course of action is in the offing. Steering Currency Control: A Double-Edged […]

Russia set to test Digital Ruble with 13 banks


Russia is poised to expand its digital ruble pilot by beginning real-world tests with 13 banks next week, the country’s central bank announced on Wednesday. According to reports, the Bank of Russia (BoR) will commence testing operations for the central bank digital currency (CBDC) project using digital rubles on August 15, 2023. Russia to begin […]

The impact of US-Russia nuclear war on Americans

The impact of US-Russia nuclear war on Americans

The shadow of a devastating nuclear confrontation between the US-Russia looms large over the horizon. It’s a grim picture painted by U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.), one that warns of catastrophic consequences reaching far beyond the borders of the two superpowers. With a chilling potential for over five billion casualties, including […]

Crypto trading soars in Russia amid Wagner rebellion

Crypto trading soars in Russia amid Wagner rebellion

The tempestuous winds of political upheaval recently swept across Russia’s financial landscape, causing a surprising surge in crypto trading. Amid an attempted insurrection by the Wagner Group, led by Yevgeny Prigozhin, Russians scrambled to find a stable alternative to their plummeting currency. The country’s first coup attempt in three decades shook the very foundations of […]

Russia’s Central Bank explores digital ruble collaborations

Russia's Central Bank explores digital ruble collaborations

The realm of central bank digital currencies (CBDCs) is growing as Russia’s Central Bank (CBR) turns to potential collaborations, setting its sights on its own digital currency, the digital ruble. Governor Elvira Nabiullina has reported that the institution is pursuing avenues for integrating its CBDC with existing payment systems in other nations to streamline cross-border […]

Russia’s digital ruble set to pilot amid economic challenges

Bank of Russia's digital Ruble to enable interactions with other CBDCs

As the global economy steers towards digitization, Russia propels its own monetary evolution by piloting the digital Ruble, an innovation maneuvered in the midst of formidable economic obstacles. Overcoming international isolation due to the Ukraine conflict, Russia’s journey into the digital currency realm manifests the nation’s resilience and strategic foresight. The launch of Russia’s digital […]

Behind closed doors: Putin’s intriguing discussions


In a world where political chess games are played out in full view of the international community, Russian President Vladimir Putin engages in compelling dialogues that never fail to spark intrigue. In a recent clandestine communication, Putin found himself in conversation with South African President Cyril Ramaphosa, discussing a range of contentious issues, from the […]

Russian officials ditch iPhones en masse over US spying fears

Russian officials ditch iPhones en masse over US spying fears (1)

In an interesting turn of events, the Russian Federation has established a stringent ban against the use of iPhones and other Apple products for official work-related activities among state employees. This new directive, which started to take effect recently, forms part of a broad crackdown against the Cupertino-based technology giant over escalating espionage concerns. The […]

Russia and Southeast Asia embrace local currencies

ASEAN Russia Commit to Strengthening Partnership

As a seismic shift echoes through the world of international commerce, Russia has initiated discussions on conducting trade with ten Southeast Asian nations through their respective national currencies. These nations are members of the Association of Southeast Asian Nations (ASEAN), comprising Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. This strategic maneuver […]

Sanctions on Russia devastate global trade, fuel inflation

Sanctions on Russia devastate global trade, fuel inflation

As Russia reels from Western sanctions, the international commerce arena is grappling with the aftershocks. The punitive actions are reshaping global finance and igniting an inflation surge. This paradigm shift is reminiscent of the 2008 U.S. banking crisis, and according to experts, has started seeping into Europe’s financial landscape. The impact of sanctions on Russia […]

Financial disaster alert: Putin sounds alarm for Russia’s economy

Financial storm clouds are gathering over the global economy, according to Russia’s President, Vladimir Putin. His recent comments underscore his deep-seated concerns about the potential for an impending global economic crisis. The backbone of his apprehension is rooted in the unregulated debt accumulation by developed countries, which, he posits, is setting the stage for a […]

Russian military raises $20M through cryptocurrency in conflict with Ukraine


In the ongoing conflict between Ukraine and Russia, cryptography has emerged as a vital tool, with millions turning to digital currencies amid collapsing fiat currencies and the looming threat of bank runs. Recent research by Elliptic, a leading blockchain analytics firm, has shed light on the extent to which cryptocurrencies have played a role in […]

Iran and Russia forge crypto partnership, simplify currency trade

Iran and Russia Talk Crypto Cooperation, Unveil Tool Streamlining

Cryptocurrencies and blockchain are transforming the financial landscape of the globe. At the forefront of this evolution, Iran and Russia have been delving into the possibilities that these technologies offer, keen on leveraging them to further their economic interests. Cryptocurrency and blockchain – A new frontier In the context of the 15th International Financial Industry […]

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