Russia Looks to Bitcoin (BTC) for International Trade Amid Western Sanctions

As a response to the financial sanctions from Western regulators post the Russia-Ukraine conflict, Russia’s transactions with key trade partners like Turkey, China, India, and the UAE have significantly slowed down. Seeking to overcome these sanctions, Russia is considering the adoption of Bitcoin (BTC) and other cryptocurrencies for international payments. According to Reuters, a cryptocurrency

Source: CoinOtag