Russia has been working on legalizing bitcoin for the last couple of weeks.
Which still seems weird to me. Why would a nation, whose regime isn't known for seeking freedom, want to formalize Bitcoin... A currency known for decentralizing the economy. They have full control over their citizens via the banking system, I wonder what are their plans.
I'll hold my breath for this.
This invasion of Ukrain was not a plan from yesterday so it makes sense when the Russia Government didn't go full scale on banning Bitcoin and was looking at how to regulate its mining and maybe possible adoption because they know all these sanctions will follow the action they are about to take which we are seeing now and Bitcoin is an alternative.