The plot thickens…

“Russia sees crypto as ‘necessary evil’”.

Legislators are debating a law allowing businesses to use ‘digital coins’ for foreign trade, and allowing miners to sell their coins.

The fact that this type of article is being published is telling.

#Bitcoin

https://www.rt.com/business/575425-russia-crypto-necessary-evil/

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Discussion

Can’t be used to circumvent sanctions as it is monitored. So it’s more for Russian miners to monetize their excess energy.

What about trade with entities that aren’t following the sanctions? I think it could be a challenge to manage multiple fiat currencies.

That could also be a reason.