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Showing posts with the label cryptocurrency adoption

Russia's Bitcoin Reserve: A Bold Step Toward De-Dollarization and Sanction Evasion

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Russia’s Bitcoin reserve plan is changing how countries handle their money. State Duma deputy Anton Tkachev has proposed this new strategy to protect against Western sanctions. This move brings together cryptocurrency adoption and financial planning as Russia pushes for de-dollarization in world trade. “I ask you, dear Anton Germanovich, to assess the feasibility of creating a strategic reserve of bitcoin in Russia by analogy with state reserves in traditional currencies. If this initiative is approved, I ask you to submit it to the Government of the Russian Federation for further implementation.” https://twitter.com/WatcherGuru/status/1866268699079975196 Also Read: Bitcoin: What Could a $1,000 Investment Today Be Worth in 2030? How Russia’s Bitcoin Strategy Could Transform Global Trade Amid Sanctions Source: Watcher Guru Strategic Foundation of Russia’s Bitcoin Reserve Global Crypto Adoption Index – Source: Chainalysis The Russian Bitcoin reserve ai...