Russia’s Central Bank: BRICS Currency Requires Consent of Many Parties, Faces Implementation Challenges
The governor of Russia’s central financial institution says the creation of a typical BRICS forex “requires the consent of many parties.” While emphasizing that the...
Russian Billionaire Slams Central Bank’s Crypto Policy, Says Even El Salvador Realizes the Need for Bitcoin
Russian billionaire Oleg Deripaska wants the Bank of Russia, the country’s central bank, to embrace cryptocurrency, citing El Salvador’s bitcoin law as an example. El...
De-Dollarization: Russia Removing All US Dollar Assets From Its $600 Billion National Wealth Fund
Russia has reportedly announced that U.S. dollar assets will be removed from its National Wealth Fund as U.S. sanctions on Moscow intensify. The fund, which...