Posts in Russia

June 2, 2023 08:12 PM / by TOGRP

Sberbank, the largest bank in the Russian Federation, announced that it opened access to its in-house decentralized finance defi platform to allow developers to test its capabilities. Reports indicate that

June 2, 2023 02:52 AM / by TOGRP

Russian businesses are actively seeking assistance from their government to legalize cryptocurrencies like bitcoin. This appeal is part of the annual report from Russia's Business Ombudsman, Boris Titov, to President Vladimir Putin

May 27, 2023 06:02 AM / by TOGRP

The President of Brazil, Luiz Inacio Lula da Silva (also known as Lula), recently stated that the government of Brazil regards the development bank established by the BRICS bloc as an alternative to traditional financial institutions

May 26, 2023 05:44 AM / by TOGRP

The Roscongress Foundation, a Russian think tank, has profiled the New Development Bank, known as the BRICS bank, as an alternative to the International Monetary Fund (IMF) in its latest “Decolonization in Energy Markets” report. Nation members could secure loans based on their energy-exporting capabilities, which would be liquid, and similar to the Special Drawing Rights (SDR) asset.

May 24, 2023 04:03 AM / by TOGRP

The chairman of VEB.RF, Russia's national economic development institution, has called upon China and Russia to expedite the establishment of an advanced payment system to facilitate transactions involving currencies from the Shanghai Cooperation Organization (SCO) and BRICS nations