Russia circumvents sanctions: Bitcoin becomes new trading currency!

Russia circumvents sanctions: Bitcoin becomes new trading currency!

Russia goes diving with Bitcoin to escape Western sanctions! Russian Finance Minister Anton Siluanov revealed in a TV interview that Russia is now using cryptocurrencies, particularly Bitcoin, for international payments to circumvent sanctions. This is possible thanks to a new law that provides an experimental legal basis for crypto miners in the country. A report shows more about this dramatic news at watcher.guru.

The crypto world in excitement! Russia, which has now also embraced the digital ruble, is paving the way for de-dollarization with Bitcoin and challenging the US dollar. Russian energy companies particularly benefit because they can sell to a growing number of domestic Bitcoin miners. Other BRICS nations are also already eyeing crypto, while Russia is making a name for itself as a pioneer in the region with the introduction of Bitcoin law. And the USA? President-elect Donald Trump faces a tricky balancing act between his support for crypto and the dominance of the US dollar. How the new president will react to Russia's Bitcoin offensive remains to be seen. You can get further insights into these developments here in the original report from watcher.guru.