Russia Adopts Bitcoin for International Trade to Circumvent Sanctions

Russian companies have started utilizing Bitcoin and other digital currencies to settle cross-border trade transactions, marking a significant shift in the country's approach to circumvent Western financial restrictions, Russian Finance Minister Anton Siluanov announced on Wednesday.

Dec 27, 2024 - 06:12
Russia Adopts Bitcoin for International Trade to Circumvent Sanctions
BTC BitcoinRussian companies have started utilizing Bitcoin and other digital currencies to settle cross-border trade transactions, marking a significant shift in the country's approach to circumvent Western financial restrictions, Russian Finance Minister Anton Siluanov announced on Wednesday.

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