Investors Ditch Russian Debt as Bond Yields Reach 12.69%
Russia's economy has been massively hit with 10Y bonds yields hitting new highs as investors lose confidence.
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
Crypto has turned out to be an efficient method to raise money for organizations in Ukraine.
Russia's economy has been massively hit with 10Y bonds yields hitting new highs as investors lose confidence.
As the Russia-Ukraine dispute drags on, the cryptocurrency markets remain shaky, and MOEX drops 14%.
Russia's drafted crypto bill would require transactions of more than $8,000 in crypto to be reported.
Russia's President calls on the Bank of Russia and the Ministry of Finance to find consensus over cryptocurrency regulation.
Although the rise of Bitcoin may weaken US hegemony, it is less clear if this mean more power for Russia and China.
With the US, China and Europe taking different approaches to digital assets, Putin sees an opportunity to disrupt the hegemony of the US dollar.
Russia joins the regulatory party by creating a new system for tracking digital asset transactions.
Russia loosens cryptocurrency payment regulations as it will launch its digital ruble prototype by the year-end.