Market Update

The leakage reveals that Russia is breathing quietly from bitcoin and encryption of a bomb with a price

Bitcoin and cryptocurrencies have been adopted by world leaders in recent years, With US President Donald Trump, he plans to buy severe spaces of bitcoin.

Donald Trump Front, White House Wall Street by subscribing to now Forbes’ Cryptoassett & Blockchain Advisor You can “discover Blockchain Boffbusters prepare 1000 % in addition to gains!”

Bitcoin price increased to about $ 80,000 per bitcoin, up from about $ 50,000 this time last year, Although the pre -bitcoin prediction of the legendary trader has already signed a major shift that has started a major shift.

now, While traders are scrambled to progress in countries that can rush to follow the United States in BitcoinThe leakage revealed that Russia uses encryption to trade with China and India and the international sanctions skirt – where the Bank of Russia opens the purchase of bitcoin and purchasing encryption to a “limited circle of Russian investors”.

Subscribe now for the free time CryptocodexA five-minute news message for traders, investors and Crypto-Curious, which will make you update and keep you advanced on Bitcoin and Crypto Market Bull Run

ForbesElon Musk “Foolish” issues Warning encryption prices with Memecoin Crash threatens bitcoin

Oil companies in Russia use Bitcoin and other cryptocurrencies including Ethereum and Stablecoin Tether to help convert rubles I mentioned by ReutersQuoted from unknown sources.

Bitcoin and Crypto are now preferred as a means of trade between oil companies in Russia to the extent that will continue to be used even if the sanctions are lifted and the US dollar can be used again, according to the report.

The Russian few and billionaires that were struck by severe financial restrictions after the country invaded Ukraine It is said It turned into Bitcoin and Crypto until 2022.

At the same time, the Bank of Russia has Declare This week, a “limited circle of Russian investors” plans to buy and sell bitcoin and other cryptocurrencies.

“According to the instructions of the President of Russia, the Bank of Russia sent proposals to the government to discuss the organization of investments in encrypted currencies,” as stated in a translator announcement.

“This is a new situation … Citizens will receive if their investments in securities and deposits exceed 100 million rubles, or if their income during the past year is more than 50 million rubles.”

Subscribe now CryptocodexFree daily news message for encryption

ForbesBlackrock CEO issues a serious warning in Bitcoin of $ 1 trillion

The central bank in Russia gradually reduced its opposition to Bitcoin and encryption, as last year supported a law that allows companies to use encryption for international trade.

Russia’s increasing support for bitcoin and encryption comes as the Donald Trump administration is preparing to make Bitcoin one of the strategic reserve assets, and freezing the planned sale of Bitcoin and encryption seized by the United States.

This week, a leakage at the White House revealed that one of the best bitcoin officials in Donald Trump and stated that the Trump administration wanted to get the largest possible bitcoin-which led to the reversal of the bitcoin price sale that resulted in Bitcoin reserve plans in Trump.

In December, Tarbi revealed that the lawmakers in Russia were paying the country to create a strategic reserve for Bitcoin similar to the one that Trump proposed.

Russian President Vladimir Putin was earlier to praise Bitcoin as an alternative to foreign currency reserves after seizing its money by Western governments following its conquest of Ukraine.

https://imageio.forbes.com/specials-images/imageserve/67583e7c7a6320d546f9f476/0x0.jpg?format=jpg&crop=2703,1704,×357,y91,safe&height=900&width=1600&fit=bounds

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button