Russia, Bitcoin

Russia is using bitcoin in foreign trade, finance minister says
Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said on Wednesday.
Russia says it's using bitcoin to evade sanctions
Russian companies are using bitcoin to evade Western sanctions, thanks to a new law, the country's Finance Minister Anton Siluanov confirmed in a television interview. Why it matters: Russia's economy has been hampered by difficulties in making and ...
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 transactions,” Russian Finance Minister Anton Siluanov said in an interview on the Russia 24 television channel.
Russia’s Strategic Shift to Bitcoin for International Trade
Under the weight of stringent international sanctions, Russian companies are increasingly relying on Bitcoin to facilitate trade. Speaking to Reuters on December 25, Siluanov confirmed the active use of BTC by businesses for trade settlements, a method that offers a way to sidestep financial restrictions.
Putin Endorses Bitcoin’s Role in Russia’s Expanding Global Financial Reach
Russia has authorized Bitcoin for international payments, aiming to counter Western sanctions and enhance foreign trade transactions.
Russia using bitcoin in foreign trade to counter Western sanctions
Russian companies have started using Bitcoin and other digital currencies for international payments. This shift follows legislative changes allowing such transactions to counter Western sanctions, reports Reuters,
Russia is using Bitcoin for international payments
Russia’s Finance Minister Anton Siluanov has announced that Russian companies have started using Bitcoin and other cryptos for international trade. “Such transactions are already occurring. We believe they should be expanded and developed further,
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