#BTC

Cryptocurrencies and International Sanctions:

Russia, which has historically opposed the domestic use of Bitcoin, is exploring the use of cryptocurrencies to evade Western assessments. Russian Finance Minister Anton Siluanov discussed the potential of digital assets for international transactions, marking a shift in the country's stance towards cryptocurrencies. However, experts question the feasibility of using cryptocurrencies on a large scale to circumvent financial restrictions, due to the limited liquidity of current crypto markets.

$BTC