Russia to Begin Using Cryptocurrency for International Transactions Starting Sep

Russia is set to implement the use of cryptocurrency for international trade transactions as of September 1st. This move is part of a broader strategy to bypass traditional financial systems and mitigate the impact of international sanctions. The Russian government has been exploring various ways to leverage digital currencies to facilitate trade, particularly with countries that have also faced economic restrictions. The introduction of cryptocurrency in official transactions marks a significant shift in Russia's approach to global trade and economic policy.

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