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Breaking News: Russia to Launch Two State-Backed Crypto Exchanges Amid Sanctions Risks đ·đș
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Amidst increasing economic pressure from international sanctions, Russia is making a bold move to establish two state-backed crypto exchanges. Here's what you need to know:
đ Why This Matters:
Sanctions Evasion: With ongoing sanctions limiting Russia's access to global financial systems, the creation of these exchanges could serve as a workaround, enabling the country to facilitate international trade using cryptocurrencies.
Economic Sovereignty: This move signals Russia's intent to assert greater control over its financial infrastructure, reducing reliance on the US dollar and traditional banking systems.
Global Implications: If successful, this could set a precedent for other sanctioned nations to follow, potentially reshaping global crypto regulations and the international financial landscape.
Key Details:
Two Exchanges: Russia is launching not just one, but two crypto exchanges, signaling a serious commitment to integrating crypto into its economy.
State-Backed Initiative: Unlike previous attempts to regulate crypto in Russia, this initiative is state-backed, giving it more legitimacy and resources.
Timing: The timing of this launch is crucial, as Russia continues to face economic strain due to sanctions, making alternative financial channels more vital.
Looking Ahead:
Strategic Alliances: Russia may seek partnerships with other crypto-friendly nations to bolster the success of these exchanges.
Potential Risks: The move is not without riskâRussia could face further international backlash, and the success of these exchanges is not guaranteed.
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#CryptoMarketMoves #Russiancryptoexchange
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VISIT MY PROFILE AND VOTE TO WIN 1500 USDT
Amidst increasing economic pressure from international sanctions, Russia is making a bold move to establish two state-backed crypto exchanges. Here's what you need to know:
đ Why This Matters:
Sanctions Evasion: With ongoing sanctions limiting Russia's access to global financial systems, the creation of these exchanges could serve as a workaround, enabling the country to facilitate international trade using cryptocurrencies.
Economic Sovereignty: This move signals Russia's intent to assert greater control over its financial infrastructure, reducing reliance on the US dollar and traditional banking systems.
Global Implications: If successful, this could set a precedent for other sanctioned nations to follow, potentially reshaping global crypto regulations and the international financial landscape.
Key Details:
Two Exchanges: Russia is launching not just one, but two crypto exchanges, signaling a serious commitment to integrating crypto into its economy.
State-Backed Initiative: Unlike previous attempts to regulate crypto in Russia, this initiative is state-backed, giving it more legitimacy and resources.
Timing: The timing of this launch is crucial, as Russia continues to face economic strain due to sanctions, making alternative financial channels more vital.
Looking Ahead:
Strategic Alliances: Russia may seek partnerships with other crypto-friendly nations to bolster the success of these exchanges.
Potential Risks: The move is not without riskâRussia could face further international backlash, and the success of these exchanges is not guaranteed.
#MtGoxRepayments #BinanceLaunchpoolDOGS
#CryptoMarketMoves #Russiancryptoexchange
$BTC $SUN $SOL
Russia Expands Digital Ruble Pilot With New Features: Widespread Use Expected in 2025
#Russia #Russian #Russiancryptoexchange #cryptoexchange #BinanceHerYerde
Russiaâs central bank is expanding its digital currency pilot program, involving 9,000 individuals and 1,200 companies. New features for the digital ruble, including payments via QR code, will be tested. Full-scale implementation is expected by late 2025. According to officials, demand for the digital ruble is growing, with successful integration anticipated due to ongoing sanctions.
#Russia #Russian #Russiancryptoexchange #cryptoexchange #BinanceHerYerde
Russiaâs central bank is expanding its digital currency pilot program, involving 9,000 individuals and 1,200 companies. New features for the digital ruble, including payments via QR code, will be tested. Full-scale implementation is expected by late 2025. According to officials, demand for the digital ruble is growing, with successful integration anticipated due to ongoing sanctions.
Will Putin be arrested next week ? Russian President's Mongolia visit under scanner
#Russia #RussiaCrypto #RussiaUkraineWar #Russiancryptoexchange
#BinanceEarnProgram
Russian President Vladimir Putin next week will visit Mongolia, which is a member of the International Criminal Court (ICC) that has issued an arrest warrant for the Russian leader.
"On the invitation of the President of Mongolia Ukhnaa Khurelsukh, on September 3, 2024 Russian President Vladimir Putin will make an official visit to Mongolia to participate in ceremonial events dedicated to the 85th anniversary of the joint victory of Soviet and Mongolian forces over Japanese militarists on the Khalkhin Gol River," the Kremlin was quoted as saying by AFP.
Last year, the ICC issued an arrest warrant for Putin, accusing him of being responsible for war crimes and illegal deportation of children from Ukraine.
ICC prosecutor Karim Khan said that Putin was now liable for arrest if he set foot in any of the court's more than 120 member states.
Russia is not a party to the ICC so it was unclear if or how Putin could ever end up in the dock. India is also not an ICC member and Putin is expected to travel to New Delhi at the end of the year for the G20 world leaders' summit.
What crimes is Putin accused of ?
Both Putin and Lvova-Belova are accused of being responsible for the war crime of unlawful deportation of people, in particular children, and their unlawful transfer from occupied areas of Ukraine to the Russian Federation.
Citing a report of the United Nations Commission of Inquiry, the BBC said in a report that some of these children were forced to take Russian citizenship and placed in foster families due to which they ended up "remaining permanently" in Russia.
If further said that the transfers were meant to be temporary but both parents and children faced "an array of obstacles in establishing contact". There are 16,221 children who were forcibly taken to Russia, according to the UN investigators.
The ICC said it sees reasonable grounds to believe that Putin bears "individual responsibility for the crimes either by committing them directly, jointly with others and/or through others". It also said that Putin failed to exercise proper control over civilian and military subordinates who committed the acts or allowed for their commission and who were under his effective authority and control.
The arrest warrant obliges member states to arrest Putin or Lvova-Belova if they were to travel to their country. The ICC, however, has no police force of its own or other ways to enforce arrests
#BinanceEarnProgram
Russian President Vladimir Putin next week will visit Mongolia, which is a member of the International Criminal Court (ICC) that has issued an arrest warrant for the Russian leader.
"On the invitation of the President of Mongolia Ukhnaa Khurelsukh, on September 3, 2024 Russian President Vladimir Putin will make an official visit to Mongolia to participate in ceremonial events dedicated to the 85th anniversary of the joint victory of Soviet and Mongolian forces over Japanese militarists on the Khalkhin Gol River," the Kremlin was quoted as saying by AFP.
Last year, the ICC issued an arrest warrant for Putin, accusing him of being responsible for war crimes and illegal deportation of children from Ukraine.
ICC prosecutor Karim Khan said that Putin was now liable for arrest if he set foot in any of the court's more than 120 member states.
Russia is not a party to the ICC so it was unclear if or how Putin could ever end up in the dock. India is also not an ICC member and Putin is expected to travel to New Delhi at the end of the year for the G20 world leaders' summit.
What crimes is Putin accused of ?
Both Putin and Lvova-Belova are accused of being responsible for the war crime of unlawful deportation of people, in particular children, and their unlawful transfer from occupied areas of Ukraine to the Russian Federation.
Citing a report of the United Nations Commission of Inquiry, the BBC said in a report that some of these children were forced to take Russian citizenship and placed in foster families due to which they ended up "remaining permanently" in Russia.
If further said that the transfers were meant to be temporary but both parents and children faced "an array of obstacles in establishing contact". There are 16,221 children who were forcibly taken to Russia, according to the UN investigators.
The ICC said it sees reasonable grounds to believe that Putin bears "individual responsibility for the crimes either by committing them directly, jointly with others and/or through others". It also said that Putin failed to exercise proper control over civilian and military subordinates who committed the acts or allowed for their commission and who were under his effective authority and control.
The arrest warrant obliges member states to arrest Putin or Lvova-Belova if they were to travel to their country. The ICC, however, has no police force of its own or other ways to enforce arrests
