🚀 Bitcoin Takes Center Stage in Russia! 🌍
In a bold move, Russian firms are now embracing Bitcoin for international payments, thanks to new legislative tweaks aimed at countering Western sanctions. Finance Minister Anton Siluanov confirmed that Bitcoin, mined locally, is already being used in foreign trade, with plans to expand further next year.
President Putin also chimed in, highlighting Bitcoin as a resilient alternative to the dollar, which he claims is losing its global reserve status. This endorsement has sparked a surge in Bitcoin interest, with Russia seeing an 8% rise in crypto exchange traffic.
As Russia ramps up legal mining activities, it also cracks down on illegal operations, balancing expansion with regulation. Bitcoin's role in global trade is undeniably growing! 💪