Authorities in Russia are mulling over the possible use of digital currencies for international payments, a high-ranking official from the finance ministry has indicated. If recognized as property, he noted, cryptocurrency can be utilized in barter deals with foreign partners.
The topic deserves attention, the official emphasized, as Russia is restricted in its ability to use the traditional payment infrastructure for settlements in its international economic activity. His comments come as Russian authorities are preparing to adopt a“On Digital Currency” that may legalize this type of cross-border payment and other crypto transactions.
bruh international payments they should stop the war so they could make an international transfer, right now they are cutted of
Putin is certainly free to use bitcoin. However, any use of bitcoin by the Russian tyrant would not be good for bitcoin's reputation. It would be used by bitcoin's enemies as more FUD to obfuscate bitcoin's true value to society as sound money.
Haven’t crypto platforms turned off the wallets of the Russians?
Pump Bitcoin today
Nothing can stop Bitcoin’s development, it is just a matter of time.
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