DREAM / The Prime Minister resigns and wakes up under the Parisian bridge!

 Kliko këtu për të tjera
Voxpress:

Russia bypasses Western sanctions, begins using Bitcoin in international trade

2024-12-26 17:37:19Kosova&Bota SHKRUAR NGA REDAKSIA VOX

Russia bypasses Western sanctions, begins using Bitcoin in international trade

Russian companies have begun using bitcoin and other cryptocurrencies for international payments, a move that follows legislative changes enabling the practice in an attempt to circumvent Western sanctions, Finance Minister Anton Siluanov announced on Monday.

After the sanctions, trade with Russia's key partners such as China and Turkey has become more complicated, due to local banks' caution towards transactions related to Russia, to avoid investigations by Western authorities.

This year, Russia allowed the use of cryptocurrencies in foreign trade and has taken steps to make the mining of cryptocurrencies, including bitcoin, legal. Russia is one of the global leaders in bitcoin mining, Reuters reports.

“As part of the experimental regime, it is possible to use bitcoins, which we had mined here in Russia (in foreign trade transactions),” Siluanov told the Russia 24 television channel.
“Such transactions are already taking place. We believe that they should be expanded and developed further. I am confident that this will happen next year,” he said, adding that international payments in digital currencies represent the future.
Earlier this month, President Vladimir Putin said that the current US administration was undermining the role of the US dollar as a reserve currency by using it for political purposes, forcing many countries to turn to alternative assets.

He singled out bitcoin as an example of such an asset, saying that no one in the world can regulate bitcoin. Putin's remarks showed that the Russian leader supports the widespread use of cryptocurrencies.


Në përputhje me standarded JTI

Video

SHIKO KANALIN NE YOUTUBE
×