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Bitcoin: Russian Official Arrested with $27 Million Worth BTC Bribes
A Russian official, Marat Tambiev, has been detained for having about $24 million worth of Bitcoin (BTC). The…
Saudi Arabia Imports 3.7 Million Barrels of Oil From Russia in May
Saudi Arabia has been playing its cards right. According to ship tracking data, Saudi Arabia, the primary crude…
Russia to Use Crypto Exchanges to Settle Cross-Border Transactions
Russia has long been framing its cryptocurrency strategy in the country. Earlier in April, Russia’s Finance Minister Anton…
Why Russia and China’s BRICS May Fail in Competition with the West
The economic bloc has embraced an attempt to challenge the global power balance. Yet, there is a reality…
BRICS: China and Russia Prepare to Strengthen Economic Relations
In a recent statement from President Xi Jinping, the BRICS nations of China and Russia said they were…
Russia Convincing Middle East Countries To Accept BRICS Currency
Russia is advancing in its mission to gain new allies and destabilize the U.S. dollar. Russian Deputy Prime…
BRICS: Russia & China Speed Up Payment Infrastructure for Currency Settlements
China and Russia are speeding up their “cutting-edge” payment infrastructure technology to settle international trade with the new…
BRICS: Russia’s Energy Exports to China Set to Increase by 40 Percent
According to the country’s Deputy Prime Minister, Alexander Novak, Russia is expecting to see its energy exports to…
BRICS: Russia and Iran Opt for Non-U.S. Dollar Settlements in Bilateral Trade
In line with the ongoing steps of BRICS nations to reduce reliance on the U.S. dollar, several governments…
BRICS: Russia Actively Using Cryptocurrencies To Bypass U.S. Sanctions
The U.S. pressed sanctions against Russia for its role in invading and waging war against its neighboring country…