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The Russian Central Bank proposes a new strategy: using cryptocurrencies to fight back against Western sanctions

It is expected to build a more robust financial system.

In order to resist the economic impact of Western sanctions, the Russian Central Bank recommends taking an innovative measure - using cryptocurrencies as a response strategy. This move will not only help ease the pressure of external sanctions on the Russian economy, but also lay the foundation for building a more robust financial system.

With the power of cryptocurrencies, Russia is expected to further:

Broaden the channels and methods of financial transactions Reduce dependence on traditional legal currencies Improve the resilience and adaptability of the overall economy

This unprecedented proposal may profoundly change Russia's economic structure and open up new ways for other countries facing economic sanctions to use cryptocurrencies. Future dynamics are worth continuing to pay attention to!

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