Eastern Europe / Tech
Russia prepares a crackdown on crypto
Russia is preparing a crackdown on cryptocurrencies in a bid to establish control over the segment that so far has been operating largely under the radar.
Russian hackers target Kosovo over support for Ukraine
PM and president's websites temporarily offline in hacker attacks linked to Defence Minister Ejup Maqedonci's criticisms of Russia.
Russia cracks down on foreign hosting providers
Russian authorities have cracked down on foreign hosting providers and cloud service companies, blocking access to their websites.
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Russia's data management segment boosted by foreign vendors' exit
While the exit of foreign vendors following Russia's invasion of Ukraine two years ago dealt a hard blow to some industries, other sectors have benefited, such as Russia's data management and storage industry, which is projected to triple by 2027.
BRICS announce a blockchain-based payment system to create a common currency
For a long time the BRICS countries have been trying to move away from the dollar, but creating a common currency has not been possible, due to the dominance of China's economy within the group.
VK stuck between rising debts and growing revenues
Russia’s answer to Facebook is on a roll as the online market has been rocked to its core by sanctions. But its debt is growing even faster as the company goes on a wild shopping spree to consolidate its position as top dog in Russia's RuNet.
NBU prepares the way for a digital currency with a second round of market place tests
The National Bank of Ukraine has unveiled plans for a second phase of e-hryvnia testing slated for later this year, as the regulator prepares the ground to launch its own digital currency, the NBU said in a statement on March 7.
Yandex N.V. to reinvent itself after leaving Russia
In early February, Yandex NV (YNV) - the Dutch parent company of Russia's online giant Yandex, often referred to as the "Russian Google"- announced its long expected exit from Russia. Now YNV hopes to reinvent itself, focusing on four core businesses