The Russian government has been a historic opponent of bitcoin, banning its use for domestic payments, but has recently come to see the potential benefits of virtual currencies for evading U.S. and Western sanctions.

Russia has begun using Bitcoin and other digital currencies for international trade. This move follows legislative changes aimed at countering Western sanctions. The shift aligns with US President Joe

Russia legalizes Bitcoin for international payments to counter sanctions, and expanding its use for trade.

Russia taps Bitcoin and cryptocurrencies for international trade, embracing digital assets to counter economic challenges posed by Western sanctions.

Russia is expanding the use of Bitcoin in foreign trade to bypass sanctions, as confirmed by Finance Minister Anton Siluanov.

Some businesses have begun using crypto, including bitcoin, to make international payments, Russia's finance minister said.

From blockchain advancements to digital currencies, financial tools that once seemed niche are now stepping onto the main stage of international trade. For Russia, this shift has taken on new urgency.

Russian companies have started using Bitcoin and other digital currencies for international payments. This shift follows legislative changes allowing such transactions to counter Western sanctions, reports Reuters,