00:00Russia has found a new player in the world of international trade—cryptocurrency.
00:04Faced with crippling sanctions,
00:07Moscow is turning to Bitcoin and other digital currencies to keep its global trade alive.
00:12But how is this working? Let's break it down.
00:15President Vladimir Putin himself has called Bitcoin a compelling alternative.
00:20This marks a big shift.
00:22Just two years ago, Russia's central bank wanted to ban crypto.
00:26But now, it's fully legal to mine and use it for international payments.
00:31Here's why this matters.
00:32Major banks in countries like China, Turkey, and the UAE have cut ties with Russian payments.
00:38Add frozen foreign reserves to the mix, and it's clear Russia needed a new way to trade—fast.
00:44Enter Bitcoin, now trading near $98,000 after a record-breaking year.
00:50Russia's finance minister confirmed businesses are already using crypto to bypass sanctions.
00:55And this trend is only set to grow in 2025.
00:59Putin put it best.
01:01Who can prohibit Bitcoin?
01:02No one.
01:03Is this the future of global trade?
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