Cryptocurrency to Become Legal Tender in Russia

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by Chris Black

Bitcoin is up 2% today after this news.

Or maybe it was just already going up because Larry Fink is going all in.

Who cares?

I just want to destroy the world economic system.

RT:

Cryptocurrency will become legal tender subject to strict controls in Russia as the use of digital assets is growing rapidly, the head of the State Duma Committee on Financial Markets Anatoly Aksakov said on Saturday.

Cryptocurrency traders “want to be legalized” as they are “ready to work in a legal space because… [foreign] banks are sometimes afraid to interact with Russian banks and conduct settlements with Russia,” he said.

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According to Aksakov, digital currencies could be used in foreign trade transactions and it is necessary to control their “movement” to avoid “irregularities.”

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