🚀💥 El Salvador is playing the crypto card with Russia! 💥🚀
In a bold move to circumvent financial restrictions imposed by sanctions, El Salvador is proposing to use Bitcoin $BTC for its trade with Russia. A real masterstroke that could revolutionize economic relations between the two nations! 🌍💰
According to Alexander Ilyukhin, secretary of the Russian Embassy in Managua and head of the office in El Salvador, the complex economic situation is forcing El Salvador to explore cryptocurrencies as a viable alternative. In an interview with Russian state newspaper “Izvestia,” Ilyukhin explained that the recognition of Bitcoin as legal tender by El Salvador represents an unprecedented opportunity. The Central American country was the first to make Bitcoin an official currency, allowing tourists to pay for their services in cryptocurrency.
However, despite this bold move, Russia, which banned cryptos as legal tender in 2021, still lags behind. For now, the prospects for using Bitcoin in international trade appear limited. Ilyukhin clarified that Russia is exploring other options to boost trade, but crypto could play a crucial role for future transactions.
The development of tourism could also benefit from this digital revolution, by facilitating international payments via cryptocurrencies. And with potential legislation under discussion, Russia could soon open its doors to digital assets for international trade with its major partners.
Don't miss this unique opportunity to follow this radical transformation! 💡✨
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