Putin's Crypto Embrace: Russia's New Trade Lifeline

Russian President Vladimir Putin endorses cryptocurrency, as Russia turns to digital currency amid Western sanctions. A Seven, a payments network co-owned by sanctioned entities, facilitates $71.3 billion in international settlements in just ten months. Russia explores crypto mining, digital tokens, and stablecoins, but faces challenges in handling massive export volumes and limited stablecoin market.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.