Russia is advancing its crypto strategy to circumvent Western sanctions. Unable to access dollars or euros, the country may turn to stablecoins to make payments with "friendly countries," according to Russian state news agency Tass. Continue Reading →
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Key Russian figures and financial institutions have been placed on a U.S. sanctions list, and key Russian banks have been removed from the SWIFT interbank system. As a result, the value of a Russian ruble has plunged, which raises the question: can crypto be used by Russia to avoid sanctions? Continue Reading →
This morning, the AP is reporting that the Biden administration is blaming China for the massive hack of Microsoft's Exchange server software earlier this year. Continue Reading →