Business

Russia Using Crypto in Chinese and Indian Oil Trade – Reuters

Russia is using cryptocurrencies in its oil trade with China and India to dodge Western sanctions, Reuters reported Friday, citing four sources with…

Only Rich People Should Be Allowed to Use Cryptocurrency, Russian Central Bank Says

The Russian Central Bank has proposed restricting cryptocurrency transactions to the wealthiest individuals, preventing most citizens from trading digital assets unless they meet stringent…

Russia Seeks to Sell $1.2Bln in Seized Assets in 2025

Russian Finance Minister Anton Siluanov said Tuesday that Russian authorities plan to sell off state-seized assets to boost revenues. “We plan to…

Russia Open to Western Companies’ Return, Officials Say, But on Moscow’s Terms

Despite speculation that some Western businesses are exploring a return to Russia amid the United States’ recent diplomatic outreach to…

Can Crypto Help Russia Beat Western Sanctions?

Russia has increasingly turned to cryptocurrencies to address challenges with ruble transactions. But it's not exactly a silver bullet. Russia…

Russian Central Bank Holds Key Rate Steady Amid Soaring Inflation

Russia's Central Bank held its key interest rate at 21% on Friday, maintaining unprecedented borrowing costs as the country struggles…