#BtcNewHolder Russia is using Bitcoin for international payments under a new law motivated by Western sanctions.
This move supports de-dollarization and boosts its energy and mining industries.
According to Finance Minister Anton Siluanov, Russia has officially begun using Bitcoin for international payments. This development follows the implementation of a new law designed to facilitate cryptocurrency transactions amid strict Western sanctions. The legislation provides an experimental framework that allows approved entities to conduct cross-border trade using digital assets.