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Russia, Bitcoin
Russia is using bitcoin in foreign trade, finance minister says
Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said on Wednesday.
Russia uses Bitcoin for international payments – Reuters
Russia has allowed the use of Bitcoin and other digital currencies in international payments to counteract Western sanctions. Source: Reuters, citing Russian Finance Minister Anton Siluanov, as reported by Mezha Media,
Russian companies increasingly using Bitcoin amid sanctions, Reuters reports
Russian companies are increasingly using Bitcoin and other digital currencies for international payments in response to Western sanctions, Reuters reported on Dec. 25. Once key facilitators of Russia’s trade,
Russia using bitcoin in foreign trade to counter Western sanctions
Russian companies have started using Bitcoin and other digital currencies for international payments. This shift follows legislative changes allowing such transactions to counter Western sanctions, reports Reuters,
Russia Legalizes Bitcoin for International Payments to Counter Western Sanctions
Russia legalizes Bitcoin for international payments to counter sanctions, and expanding its use for trade.
Russia’s finance minister reveals bitcoin is being used to conduct foreign trade
“As part of the experimental regime, it is possible to use bitcoins, which we had mined here in Russia, in foreign trade transactions,” Russian Finance Minister Anton Siluanov said in an interview on the Russia 24 television channel.
Here’s Why Russia Is Using Bitcoin and Crypto for International Trade
Russia taps Bitcoin and cryptocurrencies for international trade, embracing digital assets to counter economic challenges posed by Western sanctions.
Russia adopts Bitcoin, crypto assets for cross-border transactions, finance minister says
Russian firms embrace Bitcoin for cross-border payments to bypass sanctions, amid new crypto laws and mining restrictions till 2031.
Russia is Using Bitcoin, Digital Currencies in Foreign Trade
Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said on Wednesday.
Putin follows Trump’s bitcoin embrace. Can crypto help Russia evade sanctions?
The Russian government has been a historic opponent of bitcoin, banning its use for domestic payments, but has recently come to see the potential benefits of virtual currencies for evading U.S. and Western sanctions.
Ukraine promises sanctions in response to Russia's use of Bitcoin in international trade
Ukraine has announced "sanctions and other solutions" to block Russia's unwanted cryptocurrency payments. Source: Vladyslav Vlasiuk, Advisor to the president of Ukraine and Commissioner for Sanctions Policy Details: Vlasiuk recalled that Russian companies started using Bitcoin and other digital currencies for international payments after changes in legislation allowed such transactions in order to counter Western sanctions.
BBC
3h
Russia considers accepting Bitcoin for oil and gas
Russia
is considering accepting
Bitcoin
as payment for its oil and gas exports ...
Russia
is still the world's biggest ...
1d
Russia is mining a hot cryptocurrency, trying to solve one big trade problem
Some businesses have begun using crypto, including bitcoin, to make international payments, Russia's finance minister said.
CCN on MSN
2d
Russia’s Finance Minister Confirms Use of Bitcoin in International Trade
As reported by
Reuters
on Wednesday, Dec. 25 ... cryptocurrency adoption in regions with limited access to the global ...
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