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Russia

The Minister of Industry and Trade of the Russian Federation, Denis Manturov, recently indicated that the country "sooner or later" will legalize payments with cryptocurrencies. So far this year, the Russian government has been analyzing different possibilities for the adoption of digital assets,…
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Coinbase announces blockades in Russia

Major cryptocurrency exchange Coinbase recently announced that it is proceeding to block accounts of citizens of Russia. Despite this, and as announced by various media, the company indicated that it is willing to allow the withdrawal of…

Russia seeks ways to avoid EU sanctions

Russian authorities reported that the government is creating "mechanisms" to circumvent the sanctions imposed by the European Union as a result of the Russian invasion of Ukraine. The head of the Department of Economic Cooperation of the…

G7 will give 24 billion dollars to Ukraine

The ministers of the countries belonging to the G7 pledged to deliver more than 24 billion dollars in assistance to Ukraine for 2022 and 2023. The group has been concerned about the "continued and brutal aggression of Russia against…

IMF asks central banks to deal with inflation

The managing director of the International Monetary Fund (IMF) asked the central banks to adopt "decisive actions" for the benefit of the economies of their countries in the current inflationary context, aggravated by the war situation in…

Russia submits bill for cryptocurrency payments

The Russian Ministry of Finance presented a bill called "On Digital News", which aims to regulate the use of cryptocurrencies as an alternative means of payment to the monetary unit of the Russian Federation. The document addresses issues…

Russia cuts visa deals with EU countries

Russian President Vladimir Putin signed a decree suspending visa facilitation agreements with the European Union (EU), Norway, Denmark, Iceland, Switzerland and Liechtenstein. The decree, published this Monday by the Kremlin, emerges as a…