If Russia moves its reserves towards Bitcoin, a fresh price spike is almost certain to follow…
In areas of the world where American sanctions have been kicking in, we’ve already seen governments look to cryptocurrencies as a way around them. Iran for one has been looking to do so by investigating its own cryptocurrency. Venezuela too launched its own troubled national cryptocurrency – the Petro – with that partly in mind.
In the case of Russia, though, it’s a far bigger economy, and a very different story. The country is still set
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