Rosseti, Russia’s electric grid operator, is exploring crypto mining to utilize electricity from power plants with low consumption. This could involve building mining centers and
Read more
Russian State Duma Profiles Digital Ruble as a Sanctions-Sidestepping Tool
The Russian State Duma is considering using the digital ruble to maintain transparency in public spending and to sidestep sanctions. Deputy Chairman of the State
Read more
Russia and Indonesia Actively Discuss Mechanisms to Ditch US Dollar
Russia and Indonesia are moving toward ruble-rupiah trade settlements as sanctions and Russia’s SWIFT exclusion drive efforts to establish sustainable, dollar-free financial systems. Indonesia-Russia Trade
Read more
Russia to Launch Unified Facial Payment System
Russia will have a unified facial payment system by the second half of 2025, aiming to onboard millions as non-card payment systems gain preference. Sber
Read more
Russia and Iran Unite to Completely Replace SWIFT With Alternative Payment System
Russia and Iran are forging a confidential financial system to replace SWIFT, signaling a bold move to bypass Western dominance and reshape global economic power
Read more
Russian National Jailed for Funding Ukrainian Forces With Crypto
A Russian national was sentenced to seven years in prison for high treason involving cryptocurrency. The individual repeatedly transferred funds to a unit of the
Read more