News with the tag "RUB"

The Bank of Russia is finally letting crypto through the door, but only for people who meet a very high bar. On Wednesday, the central bank said financial institutions in Russia can now offer their wealthiest and most experienced clients access to crypto-linked investments. This decision, according ...

Russian cryptocurrency transactions have seen a significant increase, and according to the Bank of Russia, the trend can be attributed in part to Donald Trump’s influence on the market. The monetary authority expects continued support for the industry from the U.S. President’s administration to furt...

Russian crypto miners can use natural gas, in excess since Europe started cutting energy purchases from Russia, to mint digital coins, a government official has suggested. The proposal comes after the presentation of a roadmap in Brussels meant to steer the European Union away from Russian gas, oil ...

Russia publicly threatened World War III on Wednesday after a furious exchange between President Donald Trump and Russian official Dmitry Medvedev exploded across social media. The row started when Trump warned that Russian President Vladimir Putin was “playing with fire” by moving 50,000 troops to ...

Majority state-owned banking and financial giant Sberbank will play the role of a market maker for authorized cryptocurrency trading in the Russian Federation. Known for its own projects in the digital assets space, Russia’s largest bank now hopes to see the emergence of a whole “new world” of crypt...

Russia’s economy may be cooling too fast, Economy Minister Maxim Reshetnikov warned on Monday, urging the central bank to cut its high interest rates. The Bank of Russia has kept its key rate at 21 percent since an emergency increase in October. The tight stance helped slow soaring prices but has al...

Russia seems reluctant to pursue peace at the moment as the country is widely believed to be planning a new summer offensive in Ukraine to consolidate territorial gains in the southern and eastern parts of the nation. Moscow’s increasing economic and military pressures at home could be the factors t...

Xi Jinping arrived in Russia this week and wasted no time locking arms with Vladimir Putin like it was some political prom night. The four-day visit included military parades, joint statements, red carpets, and a clear message to the United States—Trump’s not in control of this alliance, and they’re...

Russian President Vladimir Putin and Chinese President Xi Jinping launched bilateral meetings in Moscow this week, at a time when China is holding talks with the West to cool down trade tensions. Both leaders seemingly want to improve the productivity of their alliance and reduce their reliance on t...

For the past eight years at least, the president of the United States has tried his best to make sure the world knows he’s such great friends with Russia’s Vladimir Putin. But with each passing day, that relationship looks more and more one-sided. Sure, the Russian might appear to like Mr. Donald Tr...