Saudi Arabia’s potential move to flood the oil market could significantly impact Russia’s economy, leading to a crisis scenario. This strategic decision might escalate tensions and reshape global economic dynamics.
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India has firmly rejected claims that it is deliberately targeting the US dollar amid a broader trend of dedollarization reshaping global trade. Officials emphasize that their focus is on enhancing economic resilience and diversifying currency use, not undermining the dollar.
The latest US sanctions target Russia-based cybercriminal group Evil Corp, imposing new restrictions on their financial assets and operations. Read more at: [insert website link]
Russia is now able to enjoy a cheaper and faster cross-border transactions, as EXVED has revolutionized the process with USDT as a payment option. Benefits include reduced costs and efficient transfer of funds using peer-to-peer blockchain technology.
Russian authorities have unveiled a possible connection to the massive $477 million FTX Heist. Evidence suggests the perpetrators are from a powerful Russian criminal organization operating worldwide.
At an upcoming panel discussion in Washington D.C., experts will analyze the role of cryptocurrencies, such as Bitcoin, in the ongoing Russia-Ukraine conflict. Topics of discussion will include Bitcoin’s current influence and potential for financial disruption in the region.
A Russian lawmaker has declared that digital currencies such as the ruble will soon “displace conventional bank services,” saying that the use of digital technology is the nation’s future.
Binance, one of the world’s largest cryptocurrency exchanges, is facing criticism for allegedly facilitating trade with entities located in Russian-sanctioned territories, violating international regulations.
A recent survey has revealed that every third Russian doubts the security of the newly proposed digital ruble. Respondents were adamant that the “innovative” currency was nothing more than “some kind of fraud”.