Topic: #russia
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Russia's Digital Ruble Ready for Widespread Use by September 2026
Bank of Russia Governor Elvira Nabiullina said major banks and retailers are on track to accept the digital ruble by September 1, with the central bank completing technical preparations and now focusing on public adoption and convenience.
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Russia sells Yuzhuralzoloto stake for $1.3B after three failed auctions
Russia sold a 67.2% controlling stake in Yuzhuralzoloto to Moscow-based BTS-Most Holding for 93 billion rubles ($1.3 billion) on June 19, after three prior auctions in May and June drew no qualified bidders. The final price was 43% below the initial asking price of $2.2 billion.
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Russian drone strikes Chornobyl nuclear fuel storage facility
A Russian Shahed drone struck Ukraine's Centralized Spent Fuel Storage Facility near Chornobyl on June 7, causing significant structural damage. Ukrainian authorities reported normal radiation levels, while the IAEA called the attack deeply concerning and plans to dispatch inspectors.
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UK sanctions A7 crypto network for processing $90 billion for Russia
The UK sanctioned the A7 network and 17 other entities on May 26, applying banking-level restrictions to crypto exchanges for the first time under its Russia sanctions regime. The A7 network claims to have moved over $90 billion in 2025 alone.