Market Release

Russia and Iran Join Forces to Create World's Largest Natural Gas Cartel
Gazprom and the National Iranian Oil Company (NIOC) signed a memorandum of understanding (MoU) last month worth US$40 billion which is the first step toward Russia and Iran implementing their...
Aug 31, 2022


Russian bill would legalize crypto mining
On November 17, a bill that would legalize cryptocurrency mining and the selling of the cryptocurrency mined was introduced into the Russian State Duma, the lower house of parliament. At the moment...
Nov 24, 2022


Vladimir Putin Demands Blockchain-Based International Payment System
Russian President Vladimir Putin declared the need for a brand-new, independent international settlement system in light of the restrictions and sanctions placed on his country...
Nov 29, 2022


Russian bank infuses metamask into its blockchain
On November 30, Russia’s largest bank Sber — formerly known as Sberbank — announced that its newly created blockchain platform will be integrated with the Ethereum blockchain...
Dec 06, 2022


A Digital Ruble Bill has been submitted to the Russian Parliament Lower house
The Duma, the Russian parliament's lower house, has received a new draught on the digital ruble. New rules and restrictions regarding the type of national fiat that will be issued are included in...
Jan 03, 2023


Gazprombank Wants Russia’s CBDC Slow Rollout, Warns Losses for Commercial Banks
Gazprombank warns local commercial banks would be less profitable once Russia’s CBDC goes into circulation.
Feb 09, 2023
