Russia is officially integrating Bitcoin into its economic strategy. Finance Minister Anton Siluanov has confirmed that Russian companies are now using BTC for international transactions, a move aimed at circumventing economic sanctions imposed since the start of the conflict in Ukraine.
The announcement is part of a series of measures taken by Russia to integrate cryptocurrencies into its economy. Earlier this year, the country legalized and regulated Bitcoin mining, and President Vladimir Putin recently said that “no one” can stop Bitcoin.
The development underscores the growing importance of cryptocurrencies on the global geopolitical stage, and could prompt other nations to rethink their stance on these digital assets.
