Russian citizens reportedly own 16.5 trillion rubles ($214 billion) worth of cryptocurrencies, according to government estimates. A Bloomberg report noted that Russians own about 12% of the total global crypto holdings. The crypto holdings estimates were calculated by analyzing IP addresses of some of the most significant crypto exchange users in the country along with a few other data points, said two people working with Kremlin. The crypto holdings analysis of Russian citizens is being carried out to get an overview of the crypto market and formulate new regulations. The proposals are yet to be finalized. The estimates are believed to be on the lower side, given crypto regulations are not yet clear in the country and many users prefer to use anonymous tools to carry out their transa...
German Chancellor Angela Merkel and French President Emmanuel Macron called on Friday for European Union countries to coordinate their COVID-19 border reopening policies and guard against new variants of the virus. Macron said EU countries must be careful not to allow new variants to spread, adding that the EU was watching developments in Britain, which has seen a steep rise in the weekly reported cases of the Delta variant. “Some countries have reopened their borders earlier for tourist industry reasons, but we must be careful not to re-import new variants,” he told a joint news conference with Merkel before a working dinner at the chancellery in Berlin. Merkel added: “We can’t act as if the coronavirus is over.” “Caution is still necessary so that we have a summer of many freedoms, if no...
Russia on Friday called a U.S. decision to not rejoin the Open Skies arms control pact, which allows unarmed surveillance flights over member countries, a political mistake that strikes a sour note ahead of a summit, Russian news agencies reported. The United States told Russia on Thursday it would not rejoin the pact, which Washington left in November, accusing Russia of violating it, something Moscow denied. The original decision to quit the pact was taken by the administration of then U.S. president Donald Trump and Moscow had hoped that Joe Biden would reverse that decision. Sergei Ryabkov, Russia’s deputy foreign minister, was quoted by the RIA news agency on Friday as saying that Moscow was disappointed but not entirely surprised by Biden’s decision. “It certainly does not make us ha...
Russia said it hoped international talks in Moscow on Thursday would breathe new life into the Afghan peace process, after a high-level U.S. official joined the Russian-hosted talks for the first time. The talks, which also include representatives of Pakistan and China, are designed to give a boost to negotiations between the Afghan government and the Taliban in Qatar’s capital Doha, stalled lately by government accusations that the insurgents have done too little to halt violence. “We regret that so far the efforts to launch a political process in Doha have yet to yield a positive result,” Foreign Minister Sergei Lavrov said in his opening remarks at the talks. “We hope today’s talks will facilitate the creation of conditions to achieve progress in intra-Afghan negotiations.” U.S. envoy Z...
Russia on Wednesday described U.S. intelligence allegations that President Vladimir Putin had likely directed efforts to try to swing the 2020 U.S. presidential election to Donald Trump as baseless. A 15-page American intelligence report, released on Tuesday, added heft to longstanding allegations that some of Trump’s top lieutenants were playing into Moscow’s hands by amplifying claims made against then-candidate Joe Biden by Russian-linked Ukrainian figures in the run-up to the Nov. 3 election. “The document prepared by the U.S. intelligence community is another set of baseless accusations against our country for interfering in American domestic political processes,” Russia’s embassy in the United States said in a statement on Facebook. “The conclusions of the report on Russia conducting...
Russian police and officers of the Federal Security Service (FSB) today raided the homes of several Jehovah’s Witnesses in Moscow, in an ongoing crackdown. Moscow outlawed the sect in 2017, labelling it “extremist,” following up with the sentencing of apprehended members to lengthy jail terms. The Investigative Committee, which probes major crimes, confirmed the detaining of several leaders and members. Prosecutors, the FSB security services and the national guard carried out searches at 16 addresses, the committee said. Investigators said the Jehovah’s Witnesses had established a branch in the capital where “secret meetings” were convened to study “religious literature”. Founded in the United States in the late 1870s by Charles Taze Russell, the religious movement has been repeatedly accu...
Chelsea owner takes legal action over ‘Putin’s People’ book
Chelsea owner Roman Abramovich has launched legal action for defamation over the book Putin’s People. The Blues owner’s case relates to “a number of false and defamatory claims made about our client in the book published by HarperCollins.” The book was written by author Caterine Belton and contains a number of claims about Abramovich and others close to Russia president Vladimir Putin. Abramovich’s statement, published on Chelsea’s club website, says: “Today my legal representatives have issued legal proceedings in England in relation to a book that was published in the UK. The book contains a number of false and defamatory statements about me, including about my purchase, and the activities, of Chelsea Football Club. “Today’s action was not taken lightly. It has never been my ambition to ...