🔁Mario Nawfal:

🚨🇷🇺 RUSSIA TRADES DOLLARS FOR BITCOIN?!

Who needs the U.S. dollar? Russian companies are now using bitcoin and other cryptocurrencies for international trade.

Russian Finance Minister, Anton Siluanov:

"As part of the experimental regime, it is possible to use bitcoins, which we had mined here in Russia (in foreign trade transactions).

Such transactions are already occurring. We believe they should be expanded and developed further.

I am confident this will happen next year."

Thanks to new laws, Russia can now use its locally mined bitcoin to work around Western sanctions.

Partners like China and Turkey are onboard because their banks want zero drama with U.S. regulators.

Putin even threw some shade, calling out the U.S. for ruining the dollar’s reputation and praising bitcoin as untouchable.

Guess sanctions sparked a crypto glow-up.

Source: Reuters
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