June 6, 2025

Russia

Finance

Ukraine Finance Minister Keeps Trade Moving, Wants More Russia Sanctions

Illustration: Uli Knörzer for Bloomberg Three years into Russia’s invasion, Sergii Marchenko is courting donors and reassuring investors to ensure his country can continue fighting. June 6, 2025 at 4:00 AM EDT What does it take to run the finances of a country at war? That question is at the heart of this week’s conversation

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Banking

Russia economy meltdown as Moscow faces ‘systemic banking crisis’ | World | News

Russia’s economy is under threat from a potential banking crisis, companies withholding dividend payouts and a significant downturn in growth. The Kremlin-linked Centre for Macroeconomic Analysis and Short-Term Forecasting (CMASF) raised concerns about issues in the banking sector, including an increased likelihood of a run on banks. In a report this week, the CMASF highlighted

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Banking

Russian economy meltdown as Moscow heading for banking crisis and ‘financial crash’ | UK | News

A new report suggests Russia’s claims of economic strength are “misleading”, with the country in fact spiralling towards a banking crisis. Moscow has doggedly insisted that its economy has only experienced a minor annual shortfall of 2% since the war in Ukraine began, despite an estimated military budget totalling 6.7% of its GDP last year,

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Banking

EU eyeing sanctions targeting Nord Stream and banking sector to pressure Putin – POLITICO

The head of the EU executive also said the Commission would look to lower the oil price cap, a limit on the sales price for Russian crude oil which is decided at G7 level. Targeting Russia’s energy and banking sectors would have a “real impact” on the Kremlin, but doing so would be tricky because

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Banking

EU eyes sanctions targeting Nord Stream and banking sector to pressure Putin – POLITICO

The head of the EU executive also said the Commission would look to lower the oil price cap, a limit on the sales price for Russian crude oil which is decided at G7 level. Targeting Russia’s energy and banking sectors would have a “real impact” on the Kremlin, but doing so would be tricky because

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Crypto

how Russia is reshaping its crypto policy

Russia’s position on cryptocurrencies has undergone a significant shift in recent years, moving from strict opposition to a more nuanced and strategic approach. Once advocating a total ban on digital assets, the Bank of Russia is now proposing a regulatory framework that would permit wealthy individuals to invest in cryptocurrencies. The shift is notable given

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Crypto

Russian National Set To Forfeit Nearly $23,000,000 After Agreeing To Plead Guilty to Crypto Market Manipulation

A Russian national who was charged for his role in a crypto market manipulation scheme will give up his access to millions worth of assets after striking a plea deal with US prosecutors. In November, the U.S. Justice Department filed charges against the crypto market maker Gotbit’s CEO and founder Aleksei Andriunin for providing services

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Crypto

Central Bank of Russia Issues Proposal Allowing Wealthy Investors To Trade Bitcoin and Crypto: Report

The Central Bank of the Russian Federation has reportedly released a proposal that if approved, would allow qualified entities to trade crypto assets. In a statement, the central bank proposes a three-year experiment where wealthy investors and certain firms have the greenlight to buy and sell crypto assets, reports Reuters. The Central Bank of Russia

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Crypto

Leak Reveals Russia Is Quietly Priming Bitcoin And Crypto For A Price Bombshell

Bitcoin and cryptocurrencies have been embraced by world leaders in recent years, with U.S. president Donald Trump reportedly planning to buy up huge swathes of bitcoin. Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes’ CryptoAsset & Blockchain Advisor where you can “uncover blockchain blockbusters poised for 1,000% plus gains!”

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Crypto

Russia uses crypto in oil trade with China, India to bypass Western sanctions: Report | World News

Russia is using cryptocurrencies in its oil trade with China and India to skirt Western sanctions, according to four sources with direct knowledge of the matter. Russia has publicly encouraged the use of crypto and last summer passed a law to allow digital currency payments in international trade(AP) While Russia has publicly encouraged the use

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