Russian Crypto Payments Network Seeks Africa Expansion – FT
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Source: The Moscow Times
Published: 2026-04-06 23:21 UTC+10:00
Section: General
Factuality Score: 90
Opinion Category: Neutral
Topics: Immigration, Africa, Europe, Military & Defence, Iran, Ukraine/Russia, Economy & Finance, Business & Economy, War & Conflict, Technology
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Snippet:
Russia is seeking to build an alternative cross-border payments network in Africa using a ruble-backed cryptocurrency, as it looks to bypass Western financial systems following sanctions imposed over the war in Ukraine, the Financial Times reported Monday.
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