Russia Goes Crypto āæ: A New Chapter in Trade
The country is set to shake up the global financial landscape š!
A groundbreaking bill allowing businesses to use cryptocurrencies š° for international trade š¤ starts in September. This bold move aims to bypass Western sanctions š« and smooth trade with key partners like China šØš³, India š®š³, and the UAE.
While domestic crypto payments remain banned, the central bank is gearing up for an "experimental" crypto payment infrastructure š, with the first transactions expected by year-end.
This development is a game-changer, signaling a potential shift in global finance.
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