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Russia and China De-dollarization Approaching ‘Breakthrough Moment’


China and Russia are collaborating to reduce their dependence on the U.S. dollar. Trade settlements in USD between the two countries have fallen below 50% for the first time. De-dollarization in Russia and China The dollar’s share of trade between Russia and China was only 46% of settlements...

Russia’s Expobank Bank Issues Country’s First Crypto-Collateral Loan


The Russian bank Expobank says it has issued the nation’s first-ever crypto-backed loan – despite the fact that the country has recently introduced a new law that prohibits the use of tokens as a form of payment. Per a report from media outlet Kommersant, the loan was secured by using tokens issued...

How Realistic Is Russia’s Bitcoin, Ethereum, Monero Monitoring Plan?


Source: Adobe/Studio_East Russian experts have been debating the feasibility of a new crypto monitoring platform that could allow Moscow to partially de-anonymize bitcoin (BTC), ethereum (ETH) and even privacy tokens like monero (XMR). As reported yesterday, a local media outlet said it has seen...

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