Russia is using cryptocurrencies in its oil trade with China and India to skirt Western sanctions, according to four sources ...

Russia is turning to bitcoin and crypto to facilitate oil trades with China and India, circumventing sanctions imposed on ...

Russian oil companies have been using Bitcoin and Tether USDt to handle international oil trade with China and India, ...

While fiat currencies remain the primary method, crypto is seen as a convenient and flexible tool for transactions.

Russia's currency, the ruble ... File photo: A Russian ruble coin is pictured with a U.S. dollar bill and a quarter-dollar coin in Moscow on October 10, 2023. File photo: A Russian ruble coin ...

Russia's finance ministry reveals plans to legalize cryptocurrency under a controlled national infrastructure that promotes safer adoption.

The Bank of Russia has proposed allowing a limited group of qualified investors to purchase and sell cryptocurrencies under a ...

The central banks aims to establish standards for crypto-related services and increase market transparency while expanding ...

The ruble serves as Russia’s national currency. Cryptocurrency usage in Russia faces restrictions due to legislation, including President Vladimir Putin’s 2020 law legalizing but banning ...

The USD/GBP price has taken a wild swing, driven by a massive Russia-led trade deal shaking up global markets. Reports ...