Deputy Governor of the Central Bank of Russia Speaks Positively About Bitcoin and Altcoins!

Could cryptocurrencies be Russia's way out?

Recently, the steps taken by governments regarding crypto assets seem to have increased their importance. Even in our country, the crypto asset bill was recently passed by the Turkish Grand National Assembly (TBMM) with a majority vote.

Vladimir Chistyukhin, First Deputy Governor of the Central Bank of Russia, recently visited St. He spoke about crypto assets at the St. Petersburg International Law Forum.

Speaking positively, Chistyukhin said that cryptocurrencies should be used to solve problems with cross-border transfers:

“All trades, including central bank swaps, now require testing for everything, including the use of crypto assets.

Also, everything needs to be tested as quickly as possible.

The First Deputy Governor of the Central Bank of Russia emphasized that if Russian companies do not have the opportunity to conclude normal agreements with foreign partners, the normal functioning of the economy will come to an end.

Due to the sanctions of the United States and the European Union, Russia seems to be backed into a corner again.

Previously, Bloomberg reported that many Chinese and Russian companies have started using USDT regularly for cross-border payments because it is not under sanctions.

📈📉 #Bitcoin #Altcoins! $BTC