No fear of Western sanctions! Russia uses Bitcoin to circumvent censorship
Since the war with Ukraine began in 2022, Russia has been subject to financial sanctions by Western countries. However, the Russian Finance Minister stated on the 25th that Russian companies have begun to use Bitcoin and other digital currencies in international payments to resist Western sanctions. sanctions.
The minister stated that the Russian authorities have revised the law to allow the use of this type of currency and will allow its use in foreign trade this year. They have taken steps to legalize cryptocurrency mining: “As part of the experimental system, we can use our currency in Russia (in foreign trade transactions) "Mined Bitcoin", believes that digital currency international payments are the future trend: "Such transactions are already happening, and we think they should be further expanded and developed. I believe this will happen next year."
The report mentioned that due to Western sanctions, Russia's trade relations with its major partners, such as China and Turkey, have also become complicated. Local banks are "extremely cautious" about transactions with Russia to avoid scrutiny by Western regulatory agencies.
The most eye-catching meme when money is flooding is definitely Musk's concept. Just look at squirrels, big dogs, and precious dogs. As Musk's pet dog #Marvin , he is definitely the king of kings. Not to mention pure blood, horses Sk even helped Marvin tweet this Christmas! (The one standing in the C position in the middle), with the continued promotion of the strong community and capital behind it, it will definitely become the myth of getting rich in this bull market!