SWIFT System

EU Pushes US To Lift Sanctions On Gazprombank 1

EU Pushes US To Lift Sanctions On Gazprombank

December 9, 2024 No Comments

The European Union (EU) is pushing the United States to ease sanctions on Gazprombank, a major Russian bank that was crucial for the EU’s energy needs. Up until recently, EU countries used Gazprombank to pay for Russian natural gas, but things have changed, and now the EU is in talks

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Russia Legalizes Bitcoin For International Trade To Bypass Sanctions 1

Russia Legalizes Bitcoin For International Trade To Bypass Sanctions

August 1, 2024 No Comments

Russian lawmakers have just approved a groundbreaking law that allows businesses to use Bitcoin and other cryptocurrencies for international trade, aiming to sidestep Western sanctions imposed after the Ukraine invasion. Set to take effect in September, this move is designed to solve payment delays with major trade partners like China,

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