Susie on Nostr: Russian companies are now using locally mined Bitcoin for international trade to ...
Russian companies are now using locally mined Bitcoin for international trade to bypass sanctions.
Finance Minister Anton Siluanov stated, “Such transactions are already occurring. We believe they should be expanded and developed further. I am confident this will happen next year.”
In May 2023, I wrote about how BRICS might embrace bitcoin to reduce reliance on the USD.
Could Russia’s move mark the start?
Read more: ‘Can BRICS Build Something with Bitcoin?’
https://www.cityam.com/can-brics-build-something-with-bitcoin/
https://www.reuters.com/markets/currencies/russia-is-using-bitcoin-foreign-trade-finance-minister-says-2024-12-25/
Finance Minister Anton Siluanov stated, “Such transactions are already occurring. We believe they should be expanded and developed further. I am confident this will happen next year.”
In May 2023, I wrote about how BRICS might embrace bitcoin to reduce reliance on the USD.
Could Russia’s move mark the start?
Read more: ‘Can BRICS Build Something with Bitcoin?’
https://www.cityam.com/can-brics-build-something-with-bitcoin/
https://www.reuters.com/markets/currencies/russia-is-using-bitcoin-foreign-trade-finance-minister-says-2024-12-25/