Sberbank Russia’s Biggest Bank Launched Sbercoin Cryptocurrency
As a result of the Russian invasion of Ukraine, several sanctions have been imposed, cutting off the country from the majority of its foreign currency reserves and the global financial system. Despite all this, Russia’s largest bank has announced plans to launch a cryptocurrency. During the Russian invasion, trading in Sberbank shares was halted in […]
Streaming Service Spotify Closes Its Russia Offices
In response to Russian military operations in Ukraine, Swedish streaming audio platform Spotify has closed its offices in the Vladimir Putin-led nation “indefinitely.” Variety reports that Spotify has restricted access to media from Russian state-owned outlets, including RT and Sputnik, as well as removed all content from these outlets from its audio platform. Spotify’s representative […]
Russia Bans British Airlines Following UK’s Ban On The Flights Of Russian Flag Carrier Aeroflot
Russia’s state civil aviation regulator said on Friday that British airlines are no longer allowed to land at its airports or cross its airspace. This follows London’s ban of flights operated by Russian flag carrier Aeroflot following the country’s invasion of Ukraine. Russia’s aviation authority, Rosaviatsia, said in a statement that the use of Russian […]