Russian Finance Minister: Russia is using Bitcoin in foreign trade

2024-12-25 19:52:16

Collection

ChainCatcher news, according to Jinshi reports, the Russian Finance Minister stated that Russia is using Bitcoin in foreign trade.

Russian Finance Minister Anton Siluanov stated that after legislative adjustments allowed the use of Bitcoin and other digital currencies to respond to Western sanctions, Russian companies have begun using these currencies in international payments. This year, Russia has allowed the use of cryptocurrencies in foreign trade and has taken steps to legalize cryptocurrency mining, including Bitcoin. Russia is one of the leading countries in global Bitcoin mining.

Siluanov said, "Such transactions are already taking place. We believe that such transactions should be further expanded and developed. I believe this will be the case next year. The use of digital currencies for international payments represents a future trend."

(Source Link)

Related tags

Russia Minister of Finance Bitcoin

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.