Russian Finance Minister: Russia is using Bitcoin in foreign trade
On Wednesday, the Russian Finance Minister stated that as legislative changes allow the use of cryptocurrencies to respond to Western sanctions, Russian companies have begun to use Bitcoin and other digital currencies for international payments in foreign trade. This year, Russia has permitted the use of cryptocurrencies in foreign trade and has taken steps to legalize the mining of cryptocurrencies, including Bitcoin.
Yumi believes this news will significantly enhance the outlook for the cryptocurrency market, and Hangqin is expected to continue climbing. Perhaps in the near future, the price of Bitcoin reaching 200,000 is not an unattainable height.