Russia Legalising Crypto Payments after the ban. But Why?

Russia & Crypto payments

Russia & Crypto

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The Announcement

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Why the U-Turn?

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Role of US Sanction

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Iran Joins the list

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Is Dollar in trouble?

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We're on You Tube

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Russia & Crypto payments

Russia & Crypto payments

Russia & Crypto

Russia & Crypto

Earlier, Russian President Mr Putin has signed the law making crypto trading illegal in Russia. But reportedly its legal with a condition

The Announcement

The Announcement

The Bank of Russia considering legalising cross border settlement in cryptocurrencies as an alternative to Ruble

Why the U-Turn?

Why the U-Turn?

From banning crypto trading to legalising it. The Bank of Russia cited the unfriendly geopolitical conditions that forced them to take this step

Role of US Sanction

Role of US Sanction

Because of Russia-Ukraine war. US Sanction may cause long-term trouble for the nation. Crypto is the best way out for international trade settlement

Iran Joins the list

Iran Joins the list

Iran, the country against crypto has released the same message of using crypto for imports. Now it issues legal mining license to the bitcoin miners.

Is Dollar in trouble?

Is Dollar in trouble?

Likely. If more nations switch to crypto settlement and remove USD from the system. Ultimately it will lose value & collapse. But its easier said than done

Also Read:

Also Read:

1..Binance USDC case

1..Binance USDC case

2..Bill Murray Hack

2..Bill Murray Hack

3..LG NFT Smart TV

3..LG NFT Smart TV

We're on You Tube

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