Russian Gold Reserves Surge to 42.3% of International Portfolio
In recent developments, according to the Central Bank of Russia’s figures, Russia now holds over $310 billion in gold, a record for the nation’s reserves. As of December, gold comprises…
Russia mulls relaxing crypto rules to blunt impact of Western sanctions
In recent developments, russia’s central bank is considering scrapping its strict requirements for crypto transactions as sanctions make it hard for Russians to transact internationally. Looking closer, market participants highlight…
Digital Ruble Push: Bank of Russia Reinforces That Crypto Can’t Be Used for…
In recent developments, while Russia prepares for a nationwide launch of the digital ruble, the Russian CBDC, it has also rejected crypto for domestic payments. Elvira Nabiullina, governor of the…
