Russia is free to use Bitcoin in foreign trade, says finance minister

Russia has all legal tools to use digital financial assets and Bitcoin in foreign trade, Finance Minister Anton Siluanov said.

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Russia has been actively experimenting with digital financial assets (DFA) in foreign trade in line with the country’s legislation, according to a senior government official.

Russian Finance Minister Anton Siluanov discussed US dollar alternatives for international trade in an interview on the state-owned news channel Russia-24 on Dec. 25.

Siluanov said the Russian government has passed legislation authorizing foreign trades in DFAs and Bitcoin (BTC).

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