Russia’s Finance Minister has confirmed that the country is now utilizing Bitcoin and other digital currencies for foreign trade, marking a significant shift in international payment strategies. This move aligns with growing global recognition of cryptocurrencies as viable alternatives in cross-border transactions. Following similar sentiments previously expressed by former U.S. President Donald Trump, Russian President Vladimir Putin’s backing of Bitcoin further underscores its emerging role in the global financial system. By integrating digital currencies into international payments, Russia aims to bypass traditional financial systems and reduce reliance on conventional banking networks amidst geopolitical tensions.

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