๐ In a bold statement, Russian President Vladimir Putin declared that no one can ban Bitcoin or other cryptocurrencies, highlighting their unstoppable growth. Speaking at an investment conference, Putin emphasized the role of these technologies in reducing costs and boosting reliability.
- Recently, Putin signed a law recognizing digital currencies as property in foreign trade, marking a pivotal step in crypto regulation.
- This move is part of Russia's strategy to navigate Western sanctions post-Ukraine invasion.
- Meanwhile, Russia is advancing its central bank digital currency (CBDC), with a full launch anticipated in July 2025.
What are your thoughts on Russia's crypto strategy? Share below! ๐