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Trade sanctions from across the Atlantic have Russia’s foreign commerce considering barter trade for the first time in three decades. Companies are reportedly swapping wheat and cars with the Chinese ...
Fraudsters are already using multiple schemes to exploit Russia’s new digital ruble, well in advance of its full-scale implementation, scheduled to begin next September. According to stakeholders quot...
The Bank of Russia will likely cut interest rates by 200 basis points on Friday as the economy continues to lose speed, with output and corporate earnings both trailing expectations. According to Bloo...
Russia’s central bank intends to permit funds to invest in derivatives based on crypto assets, a representative of its management has indicated. The goal is to admit management companies to the growin...
Russia should create its own cryptocurrency bank, according to an advisory body consulting ministers and lawmakers on new legislation. Moscow should follow the example of Minsk, where this is currentl...
Sberbank has come up with another investment option for Russians who want to bet their money on major cryptocurrencies like Bitcoin and Ethereum without actually owning them. The banking giant will pi...
Russia and China are jointly developing their system for mutual settlements, President Vladimir Putin highlighted at an economic forum. Sanctions are slowing down the process, Russia’s strongman admit...
President Vladimir Putin has dismissed sentiments from Russia’s most prominent banker that the country’s economy is slipping into stagnation. He defended the central bank’s high interest rate policy, ...