Articles for tag: Anton Siluanov, Bitcoin, Cryptocurrency, foreign trade, Russia, Sanctions, Vladimir Putin

Market News

Russian Companies Embrace Bitcoin for Foreign Trade, States Finance Minister in New Report on Cryptocurrency Adoption

Russia’s Finance Minister has announced that many Russian companies are now using Bitcoin for foreign trade to bypass Western sanctions. To support this, the government has recently implemented laws legalizing Bitcoin mining and other cryptocurrencies. Finance Minister Anton Siluanov noted that Bitcoin transactions are already happening and should expand next year. President Putin has also ...

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