Russia’s Finance Minister Anton Siluanov has revealed that the country uses Bitcoin for international trade. Bitcoin transactions can reduce Russian firms’ reliance on dollars and SWIFT payments.

Russian companies have started using Bitcoin (CRYPTO: BTC) and other digital currencies for international transactions, said Finance Minister Anton Siluanov on Wednesday.

Some businesses have begun using crypto, including bitcoin, to make international payments, Anton Siluanov, Russia's finance minister, told Russia 24 TV channel on Wednesday.

Russian Finance Minister Anton Siluanov. Source: RIA News Siluanov said Russia is free to use digital financial assets — including Bitcoin — in foreign trade, per its experimental legal regime ...

Item 1 of 2 A woman passes by the Bitcoin Monument after bitcoin soared above $100,000, in Ilopango, El Salvador, December 5, 2024. REUTERS/Jose Cabezas/File Photo ...

“As part of the experimental regime, it is possible to use bitcoins, which we had mined here in Russia, in foreign trade transactions,” Russian Finance Minister Anton Siluanov said in an ...

Russian Finance Minister Anton Siluanov discussed on Russian TV Wednesday whether bitcoin BTCUSD and other digital assets can be used to evade U.S. sanctions on foreign transactions.

In December, Finance Minister Anton Siluanov acknowledged Russian firms were already using Bitcoin and other cryptocurrencies for international trade following a bill signed into law by President ...

Anton Tkachev of the New People party asked Russian Finance Minister Anton Siluanov to "assess the feasibility" of creating a strategic bitcoin reserve.

Russian Finance Minister Anton Siluanov discussed on Russian TV Wednesday whether bitcoin (BTCUSD) and other digital assets can be used to evade U.S. sanctions on foreign transactions.

Today, Russian state-owned domestic news agency, RIA Novosti, reported that State Duma Deputy Anton Tkachev proposed creating a strategic bitcoin reserve for Russia, claiming they have obtained a copy ...