FinanceMagnates
Russian companies are circumventing Western sanctions by using Bitcoin and other cryptocurrencies to settle international trade, the country’s Finance Minister, Anton Siluanov, confirmed yesterday (Wednesday).”As part of the experimental regime, it is possible to use bitcoins that we have mined here in Russia [in foreign trade transactions],” Siluanov told the Russia 24 television channel (translated from Russian).”Such transactions are already occurring,” the minister added…
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Russia Is Using Bitcoin in International Trade Payments
Arnab Shome
05:19
Russian companies are circumventing Western sanctions by using Bitcoin and other cryptocurrencies to settle international trade, the country’s Finance Minister, Anton Siluanov, confirmed yesterday (Wednesday).”As part of the experimental regime, it is possible to use bitcoins that we have mined here in Russia [in foreign trade transactions],” Siluanov told the Russia 24 television channel (translated
