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BRICS Poised for Explosive Growth as US Tariffs Push Nations Away, Expert Says

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Surging BRICS momentum is supercharged by escalating U.S. tariffs, driving emerging economies to abandon Western dominance and embrace a bold new multilateral power structure, a Russian expert says. BRICS Rising Fast With African and Asian Giants Turning Away From US Dominance Ekaterina Arapova, Director of the Center of Sanction Policy Expertise at the Institute for […]

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Russia Must Build Its Own Stablecoins, Finance Ministry Official Says

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Russia should develop its own stablecoins, a senior finance official said on Wednesday, after USDT wallets linked to the country were frozen last month, disrupting digital transactions and raising concerns over reliance on foreign-issued tokens. Osman Kabaloev, deputy head of the Financial Policy Department at the Finance Ministry, said on Wednesday that Russia should consider

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Russia Eyes Own Stablecoins After USDT Blockage

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A senior official from Russia’s Finance Ministry has suggested that the country should develop its own stablecoins pegged to various currencies following the recent blocking of USDT stablecoin wallets linked to Russia. Dollar-pegged stablecoins have gained popularity for facilitating fund transfers between cryptocurrencies and cash, especially as Western sanctions have complicated international payments for Russian

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Russian Economist: Crypto Adoption May Be Driving Ruble Stability

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A leading Russian economist has claimed that Moscow’s crypto adoption may have played a key role in “stabilizing” the ruble in “recent months.” The claims came from National Research University Higher School of Economics (HSE) Professor Oleg Vyugin, the Russian newspaper RIA Novosti reported on April 13. Russian Economist: Crypto May Be Driving De-dollarization Vyugin,

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Russia Expects BRICS Payment Network to Go Global—SWIFT’s Monopoly Under Threat

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BRICS is accelerating its break from Western financial dominance with a game-changing payment system that could soon welcome non-members, challenging SWIFT’s global stronghold. Lavrov Expects BRICS Alternative to SWIFT to Be Open to Non-Members Russian Foreign Minister Sergey Lavrov, addressing journalists in Almaty on April 11 after a Commonwealth of Independent States (CIS) Council of

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Russian Logistics Firm Asks Moscow to Legalize Crypto Payments

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The Russian logistics firm ETE Group has asked Prime Minister Mikhail Mishustin to let domestic firms use crypto as a payments tool in overseas trade deals. Per Gazeta.ru, ETE wrote to Mishustin to ask him to “develop a regulatory framework for settlements with foreign suppliers in digital currencies, including cryptocurrency.” ETE said it wanted the

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VanEck Confirms China and Russia Settling Energy Trades in Bitcoin

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As global trade tensions flare once again, the investment firm VanEck has confirmed that China and Russia are reportedly settling some of their energy trades using Bitcoin. The revelation comes amid a broader trend of de-dollarization, particularly accelerated by the Trump administration’s aggressive tariff strategies targeting China and the European Union. Russia and China are

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Moscow Releases Tax Calculator for Russian Crypto Miners

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The Russian tax agency, the Federal Tax Service (FTS), has unveiled a tax calculator tool for crypto miners operating in the nation. Per a report from the Russian state-run news agency TASS, the FTS has also “posted information” on crypto “exchange” rates for taxpayers. Russian Crypto Miners: Ready to Pay Taxes? The FTS tool lets

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Russian Central Bank Chief Wants Crypto Traders to Face ‘Harsher Punishments’

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The Russian Central Bank Governor Elvira Nabiullina has doubled down on recent calls to ban crypto, telling lawmakers that traders should face “stricter punishments.” Nabiullina last month said that she wants to “ban settlements made in cryptocurrencies between residents” outside the “experimental legal regime,” a Central Bank-run sandbox. Russian Central Bank: Crypto Must Be Kept

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Russia Addresses US Tariff Threats as BRICS Ramps up Dollar Escape Plan

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Russia called U.S. threats over BRICS currency moves serious but stressed the bloc isn’t replacing the dollar—only modernizing finance to counter monopolistic global abuses. Russia Responds to US Tariff Warnings Aimed at BRICS Currency Moves Russian Deputy Foreign Minister Sergey Ryabkov, serving as Russia’s Sherpa to the BRICS group, addressed concerns about U.S. commentary on

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