A senior official from the Central Bank of the Russian Federation said it is open to using bitcoin and other cryptocurrencies for international payments.
Russia’s Ministry of Finance is ‘actively considering’ the use of digital currencies for international payments, a government official reportedly said.
As Bitcoin continues to grow — and with it, the target on its back — bitcoin miners should be hyper-aware of third-party risks and attempt to mitigate them.
Russia’s Federal Tax Service proposed a change to the “On Digital Currency” legislation allowing entities to accept bitcoin as payment in foreign trade.
The International Monetary Fund published a report detailing how Bitcoin disrupts the world order, enables sovereignty amid sanctions, and demands regulatory action.
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