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Tag: settlements

Russia’s Rosbank Launches Crypto Payments Solution for Cross-Border Settlements

June 5, 2023 wp-bot Bitcoin News

Rosbank has become the first large Russian bank to offer clients an option to use cryptocurrencies in international settlements. The solution, provided in tandem with

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BRICS Nations to Encourage Use of Local Currencies in Trade

June 3, 2023 wp-bot Bitcoin News

Countries in the BRICS bloc intend to encourage the use of local currencies in cross-border trade, their foreign ministers revealed. The top diplomats, who met

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Russian Businesses Ask Putin to Help Legalize Crypto

June 1, 2023 wp-bot Bitcoin News

A body representing the interests of Russian businesses has called on president Putin to help with crypto legalization. Their proposals, including on the use of

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Trade Bloc of Former Soviet States Ditches Dollar in 90% of Settlements

May 27, 2023 wp-bot Bitcoin News

Trading within a Russia-led regional organization has effectively moved away from the U.S. dollar, according to the deputy head of the Russian government. The use

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EAEU Official Urges BRICS and SCO for Joint Use of Digital Currencies, New Payment Card

May 27, 2023 wp-bot Bitcoin News

Three integration unions with Russian participation, BRICS, SCO, and the EAEU, should adopt joint policies on the use of digital currencies, according to a top

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Russia and China Carry Out Most Settlements in Yuan and Ruble, Russian PM Mikhail Mishustin Says

May 24, 2023 wp-bot Bitcoin News

The larger portion of payments between Russia and China are now processed using the currencies of the two countries, Prime Minister Mikhail Mishustin revealed. Moscow

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