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Tag: Russia

Russia to Ban Crypto Mining in Key Regions as Energy Shortages Intensify

October 30, 2024 wp-bot Bitcoin News

Russia is moving to ban cryptocurrency mining in energy-restricted regions, citing severe power shortages that could jeopardize long-term stability until 2030. Crypto Miners Face a

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BIS Considers Ending Mbridge Project Over BRICS Connections, but Is It Too Late?

October 30, 2024 wp-bot Bitcoin News

While conversations about ending the CBDC-enabled international settlements project have focused on its links to BRICS, Mbridge has already reached the MVP stage, and members

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UAE and Saudi Arabia Deepen Ties With Russia Amid Global Shifts

October 30, 2024 wp-bot Bitcoin News

The United Arab Emirates (UAE) and Saudi Arabia are bolstering strategic ties with Russia, with the UAE seeking a partnership and Saudi Arabia enhancing diplomatic

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Putin Declares ‘The Time Has Come’ for BRICS to Build Its Own Financial Platform

October 30, 2024 wp-bot Bitcoin News

Russian President Vladimir Putin has emphasized that “the time has come” for BRICS nations to create an economic platform to unlock their growing economies’ potential.

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US Sanctions on Russia Backfire, Elevating BRICS as a ‘Genuine Financial Threat’

October 30, 2024 wp-bot Bitcoin News

Western sanctions on Russia have backfired, bolstering BRICS as nations seek alternatives to Western financial control, according to a former U.S. state senator. Former Senator:

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Escaping Financial Control: Why BRICS Is Shifting Away From US Dollar System

October 29, 2024 wp-bot Bitcoin News

Why BRICS nations are moving away from the U.S. dollar system: a Russian official described a strategic shift attracting countries looking beyond Western-led systems. A

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