Russia approved bitcoin as a form of money in order to hedge against the Russian ruble's depreciation and the Biden sanctions. What are your thoughts?[) quote]
Firstly, Russia is yet to accept bitcoin as a legal tender but it is permitted for use by the citizens and initially we thought Russia could circumvent sanction through bitcoin but the US as at current is tightening the whole situation on Russia to find a means through. although swift sanction is the major available option to curb Russia off the invassion of Ukraine.
Base on the recent move to trace Russians account on centralized exchanges and holding down of users accounts find related to Russians or involved in a transaction with then and every bitcoin mining activities were put on hold as well in the country, while Putin is finding every possible means to wave away this embargo the more is the US implementing more strategies against Russia and the war isn't going any more as expected in favor of Russia but rather Ukraine, so bitcoin that could be the only way out is being monitored under the centralized exchanges.
Firstly, Russia is yet to accept bitcoin as a legal tender but it is permitted for use by the citizens and initially we thought Russia could circumvent sanction through bitcoin but the US as at current is tightening the whole situation on Russia to find a means through. although swift sanction is the major available option to curb Russia off the invassion of Ukraine.
He might still use bitcoin to transact in the global economy. I'd want to hear everyone's thoughts on this. Thanks for your response in advance 
Base on the recent move to trace Russians account on centralized exchanges and holding down of users accounts find related to Russians or involved in a transaction with then and every bitcoin mining activities were put on hold as well in the country, while Putin is finding every possible means to wave away this embargo the more is the US implementing more strategies against Russia and the war isn't going any more as expected in favor of Russia but rather Ukraine, so bitcoin that could be the only way out is being monitored under the centralized exchanges.