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
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.
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 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 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.
Putin Endorses Bitcoin’s Role in Russia’s Expanding Global Financial Reach
Russia has authorized Bitcoin for international payments, aiming to counter Western sanctions and enhance foreign trade transactions.
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 ...
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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 ...
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.
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Russian luxury market thrives despite sanctions through shadow networks, FT reports
Russian shoppers continue to access luxury Western brands despite sanctions imposed after the full-scale invasion of Ukraine, ...