Bank of Russia Supports Cryptocurrency Usage for International Settlements
The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international…
Browsing Tag
international settlements
19 posts
Dollar Share in Reserves Drops Below 60%, Yuan Rises, Russian Diplomat Says
The share of currencies other than the U.S. dollar and the euro in international reserves is on the…
State Duma Chairman of Financial Markets Committee: Russia to Exert ‘Serious’ Control Over Crypto After Legalization
Anatoly Aksakov, chairman of the Financial Markets Committee of the State Duma, the lower chamber of the Federal…
Russia to Trial Digital Asset Settlements in Foreign Trade
Bank of Russia plans to pilot cross-border payments using digital assets and central bank digital currencies, according to…
Iran and Russia Talk Crypto Cooperation, Unveil Tool Streamlining Trade in National Currencies
Experts and business representatives from Iran and Russia have discussed the potential uses of cryptocurrencies and blockchain. The…
Russia’s Rosbank Launches Crypto Payments Solution for Cross-Border Settlements
Rosbank has become the first large Russian bank to offer clients an option to use cryptocurrencies in international…
BRICS Nations to Encourage Use of Local Currencies in Trade
Countries in the BRICS bloc intend to encourage the use of local currencies in cross-border trade, their foreign…
EAEU Official Urges BRICS and SCO for Joint Use of Digital Currencies, New Payment Card
Three integration unions with Russian participation, BRICS, SCO, and the EAEU, should adopt joint policies on the use…
Russia and China Carry Out Most Settlements in Yuan and Ruble, Russian PM Mikhail Mishustin Says
The larger portion of payments between Russia and China are now processed using the currencies of the two…
Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says
Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member…