Russia Gives Green Light to Bitcoin for International Trade, Says Finance Minister
2024-12-25
MSN
In a significant move, Russia's Finance Minister Anton Siluanov has revealed that the country is open to using Bitcoin in foreign trade, as part of its efforts to explore digital financial assets (DFA) and reduce dependence on the US dollar. This development comes as Russia seeks to diversify its international trade options, leveraging cryptocurrencies like Bitcoin for cross-border transactions. With the country's legislation supporting the use of digital assets, Russia is poised to become a major player in the global crypto market, driving adoption and innovation in the space, including decentralized finance (DeFi) and blockchain technology.
