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US-sanctioned Russian bank CEO hails yuan use while decrying US dollar weaponisation

VTB Bank’s Andrey Kostin warns that ‘it’s very dangerous to rely on America’, after Russia’s second-largest lender lost billions last year upon being cut off from the US dollar and euro.

Sanctions Weekly Update – Ukraine/Russia Conflict – May 8, 2023 - Export Controls & Trade & Investment Sanctions

On May 5, Bloomberg reported that the Justice Department is investigating whether Binance Holdings Ltd., the world's largest cryptocurrency exchange was used illegally by Russians to circumvent U.S.

The Daily Herald - Russian billionaires see wealth rise to over half a trillion dollars

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