Post
Topic
Board Bitcoin Discussion
Re: Russia's approval of BTC
by
poldanmig
on 26/02/2022, 12:08:48 UTC
Apparently they're working on it — but don't run around celebrating just yet, because it doesn't mean that it's already guaranteed to happen. And if it does happen, it could mean that they really are just going to legalize it, not necessarily use it themselves.
All the news about Russia's agreement to btc still has not found a bright spot, they are only making plans, and there is no certainty, what is certain is that they are currently at war with Ukraine, which makes all investors affected by this war, such as Chelsea club owner Roman Abramovich who suffered a share loss of 9.6 trillion due to the heated impact between Russia and Ukraine.

Previously Russia had planned to hold a parliamentary meeting to discuss the legality of bitcoin in their country and also find a solution to the differences of opinion that occurred between the pro-bitcoin parliament and the Russian central bank which rejected bitcoin, but I think the discussion has been delayed due to the current conflict, However, I suspect that if Russia is subject to economic sanctions from NATO countries and as a result of the invasion right now America has prohibited Russia from using the dollar as a tool for its current import export transactions, so it is not impossible that Russia will use bitcoin or other crypto in conducting international transactions.