In the face of escalating sanctions, Russian authorities understand they just cant do without cross-border crypto payment and are now taking steps to make it happen. Bitcoin, the worlds number one crypto by market cap, appears well-suited for Russias plan of using crypto for international trade settlements but a new report suggests that BTC wont likely be the crypto of choice by the government. Russia has been pushing for the use of crypto for cross-border payments. For instance, Russian regulators are working to legalize the use of crypto in foreign trade as part of their efforts to...
source: https://tokenpost.com/Bitcoin-wont-likely-be-the-choice-for-Russias-crypto-cross-border-payments-9786
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