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Elvira Nabiullina - 1 Nabiullina - 1
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☆ Russia considers legalizing crypto for global payments as it faces ongoing sanctions
  + stars: | 2024-07-30 | by ( Ryan Browne | ) www.cnbc.com   time to read: +2 min
Illustrative image of two commemorative bitcoins seen in front of the national flag of Russia displayed on a computer screen. Russia is considering legalizing the use of cryptocurrency for international payments as the country faces ongoing financial pressure from Western sanctions. The State Duma, which is the lower house of the Russian Parliament, will on Tuesday consider a law that permits making international payments via cryptocurrencies, Elvira Nabiullina, the governor of Russia's central bank, said Tuesday. Russia's central bank is also itself looking to move money across borders using crypto, with its chief saying crypto-based payments will take place before the end of 2024. In January 2022, the Russian central bank proposed banning the use of crypto for transactions, as well as the mining of digital currencies, citing threats to financial stability, citizens' wellbeing and monetary policy sovereignty.
Persons: Elvira Nabiullina, Nabiullina Organizations: Duma, State Duma, Russian Federation Council, RIA Novosti, Reuters, Russian Embassy, CNBC Tuesday Locations: Russia, Russian, Russia's, State, cryptocurrencies, London
☆ The widow of Putin's political mentor and mother of his rumored goddaughter is increasingly voicing concerns about Russia's war in Ukraine
  + stars: | 2023-05-18 | by ( Erin Snodgrass | ) www.businessinsider.com   time to read: +4 min
A prominent Russian senator with close ties to Putin is increasingly criticizing the war in Ukraine. Sen. Lyudmila Narusova, whose late husband was a mentor to Putin, has been a skeptic of the war since the start. "Nobody has explained how victory is supposed to look," Narusova told an interviewer with Forbes Russia in an April video, according to a translation in The Washington Post. "I think they themselves do not know what they are doing," Narusova told the independent Dozhd channel in February 2022, per The Times. His widow's public defiance is a sign of the worry growing among top Russian officials ahead of Ukraine's much-anticipated counteroffensive.
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