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Russia, Western sanctions and Bitcoin
Russia says it's using bitcoin to evade sanctions
Russian companies are using bitcoin to evade Western sanctions, thanks to a new law, the country's Finance Minister Anton Siluanov confirmed in a television interview. Why it matters: Russia's economy has been hampered by difficulties in making and receiving international payments,
Luxury Western Goods Line Russian Stores, Three Years Into Sanctions
Despite a barrage of Western sanctions and swathes of brands quitting Russia after the Kremlin launched its Ukraine offensive, Moscow's most well-off shoppers are still spoilt for choice when it comes to luxury Western goods.
Russia using bitcoin in foreign trade to counter Western sanctions
Russian companies have started using Bitcoin and other digital currencies for international payments. This shift follows legislative changes allowing such transactions to counter Western sanctions, reports Reuters,
Russia is using Bitcoin for international payments
Russia’s Finance Minister Anton Siluanov has announced that Russian companies have started using Bitcoin and other cryptos for international trade. “Such transactions are already occurring. We believe they should be expanded and developed further,
Kyiv Independent on MSN
2d
US plans to impose more sanctions on Russian energy by year-end, Ukrainian official says
The U.S is planning to impose additional sanctions on Russian energy by the end of the year, particularly targeting Russia's ...
Hosted on MSN
19h
BMW Staff Breach Sanctions in Russian Car Sales
Recent revelations have shed light on a major breach involving BMW, the luxury car manufacturer. Reports confirm that over ...
2d
5 important countries for Russia's sanctions-skirting economy
Russia's friends — or frenemies — aren't all pariah states. Some of them enjoy good relations with the West, too.
1d
Diddy Demands Sanctions Days After Male Accuser Drags J. Lo Into Court Battle
Diddy asked a federal judge to award him sanctions against the male prisoner suing him over an alleged sexual assault that ...
1d
on MSN
Biden eyes sanctions on Russian ‘dark fleet’ oil exports: Report
Joe Biden is considering final sanctions on Russia’s "dark fleet" oil exports, targeting Vladimir Putin’s energy revenue ...
2d
Switzerland adopts more EU sanctions on Russia and Belarus
Switzerland adopted the latest EU sanctions package on Russia and Belarus, the government said on Monday. The move came one ...
1d
on MSN
Russian ship under US sanctions sinks after engine room blast
A Russian cargo ship, Ursa Major, has sunk in the Mediterranean between Spain and Algeria after an explosion in the engine ...
6d
Pakistan denounces US sanctions on its missile program as ‘discriminatory’
Pakistan on Thursday denounced new US sanctions on the country’s ballistic missile program as “discriminatory” that put the ...
4d
For Syria’s Economy, the Way Forward Starts With Sanctions Relief
Years of strife ruined the energy sector, battered the currency and strangled growth. The West must ease financial controls ...
6d
US Broadens Sanctions on Tankers to Squeeze Flows of Iranian Oil
The US has sanctioned more tankers and companies it alleges are involved in the trade of Iranian oil, which generates revenue ...
Hosted on MSN
9h
Tokyo ready to strengthen sanctions against Russia – Japanese Prime Minister
President of Ukraine Volodymyr Zelenskyy held talks with Japanese Prime Minister Shigeru Ishiba. The parties, in particular, ...
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