Russia, Bitcoin and Western sanctions

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,
Russia is using bitcoin in foreign trade, finance minister says
Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said on Wednesday.
Ukraine promises sanctions in response to Russia's use of Bitcoin in international trade
Ukraine has announced "sanctions and other solutions" to block Russia's unwanted cryptocurrency payments. Source: Vladyslav Vlasiuk, Advisor to the president of Ukraine and Commissioner for Sanctions Policy Details: Vlasiuk recalled that Russian companies started using Bitcoin and other digital currencies for international payments after changes in legislation allowed such transactions in order to counter Western sanctions.
Russia Turns to Bitcoin: A New Era of Sanction-Proof Trade?
Facing crippling sanctions, Russia is turning to cryptocurrency to keep its global trade alive. With Bitcoin now fully legal for international payments in Russia, President Putin has embraced it as a compelling alternative to traditional finance.
Russian companies increasingly using Bitcoin amid sanctions, Reuters reports
Russian companies are increasingly using Bitcoin and other digital currencies for international payments in response to Western sanctions, Reuters reported on Dec. 25. Once key facilitators of Russia’s trade,
Russia Turns to Bitcoin for International Trade to Sidestep Sanctions
From blockchain advancements to digital currencies, financial tools that once seemed niche are now stepping onto the main stage of international trade. For Russia, this shift has taken on new urgency.
Russia embracing bitcoin in bid to bypass sanctions as Biden plans more before Trump comes in
Russia has begun using Bitcoin and other digital currencies for international trade. This move follows legislative changes ...
28 aircraft imported into Russia in 2024, bypassing sanctions – Russian media
Russia continues to import foreign-made aircraft in violation of US and EU sanctions. At least 28 aircraft have entered ...
Biden eyes sanctions on Russian ‘dark fleet’ oil exports: Report
President Joe Biden is considering imposing stringent last-minute sanctions on Russia’s energy sector in the final weeks of ...
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.
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 ...
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 ...
South Korea sanctions 15 North Koreans for crypto heists and cyber theft
South Korea sanctioned 15 North Korean agents for procuring funds for the DPRK's nuclear missile development program through ...
Ukrinform1h
Dutch ambassador explains loopholes in Russia sanctions
Sanctions against Russian are not absolutely “waterptight” as Moscow exploits loopholes, including thanks to alliances with ...
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 ...
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 ...
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 ...
AFP on MSN52m
The EU on Thursday threatened further sanctions against Russian vessels after Finland said it was probing an oil tanker that sailed from a Russian port for the "sabotage" of a ...
"The suspected vessel is part of Russia's shadow fleet, which threatens security and the environment, while funding Russia's war budget. We will propose further measures, including sanctions, to ...