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Russia, Bitcoin and Western sanctions
Putin follows Trump’s bitcoin embrace. Can crypto help Russia evade sanctions?
The Russian government has been a historic opponent of bitcoin, banning its use for domestic payments, but has recently come to see the potential benefits of virtual currencies for evading U.S. and Western sanctions.
Russia begins using bitcoin in payments amid Western sanctions
Russian companies started conducting international transactions using bitcoin and other digital currencies, following legislative changes allowing such payments.
Russia embracing bitcoin in bid to bypass sanctions as Biden plans more before Trump comes in
Russia has begun using Bitcoin and other digital currencies for international trade. This move follows legislative changes aimed at countering Western sanctions. The shift aligns with US President Joe
Bitcoin, cryptocurrency
Crypto Biz: The Year of Bitcoin
Bitcoin has had such a historic year! Nearly 16 years after its network debuted, cryptocurrency solidified its status as a mainstream financial instrument with the approval of 11 exchange-traded funds in January.
What To Expect From Bitcoin and Crypto Markets In 2025
Key Takeaways Bitcoin has soared this year, boosted by the approval of spot bitcoin ETFs and the bitcoin halving event, as well as optimism surrounding the election of Donald Trump as U.S. president.In 2025,
What’s in store for Bitcoin in 2025?
Bitcoin nearly hit $100,000 for the second time this month on Christmas, and the digital currency has seen an annual increase of more than 130% in 2024, up from $43,638 one year ago, according to Chaincatcher.
1d
Russia is mining a hot cryptocurrency, trying to solve one big trade problem
Some businesses have begun using crypto, including bitcoin, to make international payments, Russia's finance minister said.
1d
Russia’s finance minister reveals bitcoin is being used to conduct foreign trade
“As part of the experimental regime, it is possible to use bitcoins, which we had mined here in Russia, in foreign trade ...
Crypto Briefing
2d
Russia adopts Bitcoin, crypto assets for cross-border transactions, finance minister says
Russian firms embrace Bitcoin for cross-border payments to bypass sanctions, amid new crypto laws and mining restrictions ...
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