The bitcoin mining ban imposed by Russian authorities has helped reduce the load on the Siberian power grid, thereby avoiding potential power rationing and restrictions
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Russian Power Company Reports $14 Million Loss Due to Illegal Crypto Mining
Russian power company Rosseti suffered over $14 million in losses in 2024 due to illegal crypto-mining operations, which have led to network congestion, equipment damage,
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Hungary’s Economy Rises as US-Russia Talks Fuel Market Optimism
Hungary’s economy is rebounding as potential peace talks between Russia and the U.S. fuel market optimism, with leaders stressing the financial benefits of diplomatic progress.
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Visa and Mastercard Could Make a Comeback in Russia
Visa and Mastercard may attempt a comeback in Russia, but the country’s financial system has already moved on. Could they reclaim lost ground, or is
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Russia Declares SWIFT ‘Dying’ as Crypto Reshapes Finance
Russia claims it can reconnect to SWIFT anytime but questions its relevance as digital finance evolves. Could SWIFT become obsolete as BRICS nations develop alternatives?
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BRICS Set to Dominate 40% of Global Economy by 2030, Russian Official Says
BRICS is set to dominate 40% of the global economy by 2030, while the West’s share shrinks to 27%, Russian Economic Minister Maksim Reshetnikov said.
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