Russia has changed its financial strategy, excluding Bitcoin from the national reserves. Instead of cryptocurrency, the country continued to strengthen its positions in gold and the Chinese yuan, making them the main assets of the National Wealth Fund. This decision is driven by the volatility of cryptocurrencies, making them unsuitable for sovereign reserves, where stability and liquidity are essential. In light of changing foreign economic conditions, Russia has focused on strategic partnerships, especially with China, to ensure long-term financial stability.
3/7/2025 8:06:49 AM (GMT+1)
Russia excluded Bitcoin from national reserves, strengthening its positions in gold and the Chinese yuan as part of a financial strategy to ensure stability and liquidity
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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