Articles for tag: Bitcoin, Cryptocurrency, Financial Innovation, international payments, Russian Economy, Sanctions, Trade Strategy

Market News

Russian Companies Turn to Bitcoin as Sanctions Increase, Reports Reveal Growing Trends in Cryptocurrency Adoption

Russian companies are turning to Bitcoin and other cryptocurrencies for international payments due to Western sanctions. With Chinese banks significantly reducing their transaction support for Russia over concerns about access to U.S. financial markets, the use of digital currencies has become increasingly important. Russian Finance Minister Anton Siluanov confirmed that domestically mined Bitcoin is being ...

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