Yesterday, the Russian Finance Minister stated that Russia is conducting international trade using Bitcoin. This is due to the modification of relevant laws, allowing Russia to use Bitcoin to counteract sanctions from Western countries. He believes that cryptocurrencies help reduce the risks of sanctions, inflation, and currency fluctuations.

This year, Russia has already permitted the use of cryptocurrencies in foreign trade and has taken measures to legalize Bitcoin mining.

Recently, the price of Bitcoin has surged, which may be related to countries like Russia and Iran, which are under U.S. sanctions, secretly buying Bitcoin.

As the day approaches for Trump to run for president of the United States again, some states have already begun trying to incorporate Bitcoin into their state financial reserve strategies.