Russia has allowed the use of cryptocurrencies, including Bitcoin, in international trade and is actively working on the legalization of mining. Finance Minister Anton Siluanov emphasized that such transactions are already being carried out, and their volumes are planned to increase in the near future. President Vladimir Putin noted that U.S. policy undermines trust in the dollar as a global reserve currency, forcing countries to seek alternatives. He pointed to Bitcoin as a promising asset that cannot be regulated at the global level, making it attractive for international settlements.
12/25/2024 1:58:00 PM (GMT+1)
Russia has officially permitted the use of Bitcoin and cryptocurrencies for international transactions, is legalizing mining, and expanding alternatives to the dollar under sanctions 🌍


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.