Russia-Ukraine War

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Russia's defense giant quietly launches new cryptocurrency despite EU sanctions

A cryptocurrency associated with Russia's sprawling state defense corporation has quietly launched just as the European Union targets Russian crypto markets with further sanctions. Blockchain data reviewed by Kyiv Independent suggests that ruble token RubX, announced by Rostec last year, soft-launched on July 17. RubX later started offering swaps to the widely accepted dollar stablecoin Tether via Telegram on July 24. Cryptocurrencies have emerged as a key conduit for Russian importers to make

A view of the Moscow International Business Center, known as Moscow-City, in Moscow, Russia, on Oct. 6, 2025

Ukraine war latest: Heartbreak in Ukrainian village as Russian missile kills at least 6 family members

Key developments on July 30: * 'Almost nothing remained': Russian missile kills at least 6 family members in Ukrainian village * Ukraine hits one of Russia's largest Lukoil-owned oil refineries, General Staff confirms * 'The package won't arrive:' Blazes at Wildberries warehouses in Russia's Penza, Udmurtia amid more Ukrainian drone strikes * Assault regiment commander ordered troops to fire on retreating comrades, media investigation alleges A Russian ballistic missile killed at least six

Putin likes his worst option in Ukraine

If Russian President Vladimir Putin were to make a clear-headed assessment of the state of his war with Ukraine, he would seek a ceasefire. But his head apparently is not clear, because all signs point to him pursuing some kind of escalation. If he does indeed embark on such a course, he will make the situation worse for everyone, but primarily for himself. Since his August 2025 meeting with U.S. President Donald Trump in Anchorage, Putin has been seeking to persuade the United States to force

ussian President Vladimir Putin meets in Moscow, Russia, on July 20, 2026

About War

The Kyiv Independent's coverage of Russia’s war in Ukraine. Russia launched its full-scale invasion of Ukraine on Feb. 24, 2022, after eight years of aggression against Ukraine that began in 2014 with the annexation of Crimea and fighting in Donbas. The war has resulted in tens of thousands of military and civilian casualties and displaced millions of Ukrainians. NATO and Western allies have provided military aid to Ukraine while the conflict continues across fronts in Ukraine’s south and east.

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