$BTC Putin and cryptocurrencies 🪙🇷🇺
📢 The head of the Russian financial regulator, Yuri Chikhanchin, has directly informed Putin that Russian companies are using alternative methods for international payments 💸🌍:
🔁 Compensation between companies (netting)
🏅 Gold
🪙 Cryptocurrencies
Additionally, they have presented a system called Transparent Blockchain 🔍📊, which will serve to track and control crypto transactions within the country. It is expected to be operational before the end of 2025 📅⚙️.
💥 On the other hand, the use of a stablecoin linked to the sanctioned ruble continues to grow: the A7A5 💵🇷🇺. This digital currency is gaining strength as a tool to evade international sanctions and facilitate cross-border transfers without going through the traditional banking system 🚫🏦.
📌 In summary: Russia is betting heavily on the use of crypto to bypass international restrictions while developing tools to control them internally$BTC $BNB