Russia

📢 Rusia🇷🇺: Sber launches pilot project for cryptocurrency payments Members Public

📢 Rusia🇷🇺: Sber launches pilot project for cryptocurrency payments Sber has officially joined the "group 2" of banks participating in the digital ruble and cryptocurrency operations pilot project. The announcement marks a significant step for the Russian banking giant. ➡️ What is it ❕— The Crypto-ruble, which will be compatible with

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🤓 Rusia🇷🇺: Business Owners See Informal Economy as Barrier to Business Growth Members Public

🤓 Rusia🇷🇺: Business Owners See Informal Economy as Barrier to Business Growth Between September and October, the Russian Chamber of Commerce and Industry surveyed 20,319 people, mainly business founders, owners, and senior and mid-level managers, to assess the impact of the informal sector on their businesses. ➡️ One in two entrepreneurs

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😎 Russia 🇷🇺: The black market as a barrier to business growth, according to entrepreneurs Members Public

😎 Russia 🇷🇺: The black market as a barrier to business growth, according to entrepreneurs Between September and October, the Chamber of Commerce and Industry surveyed 20,319 people, mainly founders and business owners, as well as senior and middle managers. 🔣 51% of entrepreneurs have had contact with illegal businesses in their

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☠️ Rusia 🇷🇺: Authorities in Novosibirsk Crack Down on Domestic Miners Members Public

☠️ Rusia 🇷🇺: Authorities in Novosibirsk Crack Down on Domestic Miners The same is happening in Irkutsk and Buryatia, according to local sources. ➡️ In the Novosibirsk region, a miner has been detained, and a criminal case has been initiated against him. Police discovered he was using local subsidized electricity networks (a key

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😱 Russia 🇷🇺: Cryptocurrency Exchange Regulation Aligns with FATF Requirements Members Public

😱 Russia 🇷🇺: Cryptocurrency Exchange Regulation Aligns with FATF Requirements Russia will implement a regulatory framework for cryptocurrency exchange platforms, requiring them to comply with the standards set by the FATF (Financial Action Task Force on Money Laundering). Interestingly, this move comes after the FATF downgraded Russia's rating due to

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👀 Russia 🇷🇺: Central Bank Raises Key Rate to 21% Members Public

👀 Russia 🇷🇺: Central Bank Raises Key Rate to 21% The Bank of Russia remains committed to reducing inflation to a target range of 4.5–5% by 2025, although projections suggest that by the end of 2024, inflation will likely stay around 8.0–8.5%. ▶️ While interest rate hikes traditionally

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😠 Cross-border payments in BRICS: Is SWIFT in danger? Members Public

😠 Cross-border payments in BRICS: Is SWIFT in danger? The recent proposal for a "multicurrency system" aims to reduce BRICS countries' dependence on the dollar. This shift, beyond its macroeconomic implications, is a game-changer for the international payments industry. ➡️ BRICS members are planning to adopt distributed ledger technologies

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📢 “MIR” on iPhones 📱 Members Public

📢 “MIR” on iPhones 📱 The card operator MIR and SBP have developed a payment method for iPhone purchases — without the need for Apple Pay. ➡️ According to NSPK, the solution, named “Ola”, will work via Bluetooth, allowing for contactless payments both online and offline. The technology offers payments within a short range

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