It’s 2025 and there’s still zero official bitcoin exchanges in Russia. Even Garantex, the one shut down by Tether’s actions, wasn’t Russian: it was based in Estonia and operated in Russia using a bunch of workarounds.

But p2p markets are flourishing and were never declared illegal.

Similarly, nobody *actually* pays with bitcoin for anything using Plati. It’s jot a “payment app” per se, it only appears as one. Under the hood, it’s a p2p market like many others but with its own twist.

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