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Russia says it's using bitcoin to evade sanctions
Russian companies are using bitcoin to evade Western sanctions, thanks to a new law, the country's Finance Minister Anton Siluanov confirmed in a television interview.
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LampLighter
Joined 2013/04/13Visited 2024/12/26
Status: user
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More from the article... ... Why it matters: Russia's economy has been hampered by difficulties in making and receiving international payments, even with countries like China that don't use the U.S. dollar as their reserve currencies. ...
#1 | Posted by LampLighter at 2024-12-26 01:48 AM | Reply
Could this be why Pres-elect Trump seems to be so in favor of crypto?
#2 | Posted by LampLighter at 2024-12-26 01:49 AM | Reply
No. The black market nature is just a bonus.
The Bitcoin Reserve is coming.
#3 | Posted by sitzkrieg at 2024-12-26 07:46 AM | Reply
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