El Salvador proposes crypto for trade with Russia, embassy official says

2024-7-29 12:33

El Salvador has proposed using crypto for trade with Russia to navigate financial constraints imposed by sanctions, according to a Russian embassy official. El Salvador has proposed using Bitcoin (BTC) for trade with Russia, as the latter has limited options…

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BRICS considering a stablecoin launch for international trade settlement

BRICS member nations plan to launch a stablecoin as an alternative to the US dollar for settling cross-border transactions. BRICS pushes de-dollarization with stablecoins The bloc, which includes Brazil, Russia, China, India, South Africa, UAE, Iran, Ethiopia, and Egypt, has debated using virtual assets for global settlement for a while.

2024-4-24 21:48


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Binance Domain Blacklisted by Russian Authorities

On September 24, 2020, Binance – one of the largest crypto exchanges in the world in terms of trade volume – announced on its website that its domain has been blacklisted in Russia. It seems that the exchange platform has been taken by surprise when the Roskomnadzor – the Federal Service for Supervision of Information […] The post Binance Domain Blacklisted by Russian Authorities appeared first on BeInCrypto.

2020-9-25 13:36


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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 in the first quarter, the Financial Times […] The post Russia and China De-dollarization Approaching ‘Breakthrough Moment’ appeared first on Bitcoin News.

2020-8-21 00:30