Russia Leans on Crypto Amidst Sanctions Pressures

As international sanctions intensify, Russia is turning to cryptocurrencies for payment and financial stability. This shift comes due to the increasing difficulties moving money across borders and a growing use of crypto within the country. The upcoming regulatory changes are expected to broaden access to crypto for a wider audience beyond its current restricted scope. This move reflects an acknowledgment that crypto is now vital for Russia’s economic resilience, rather than just a speculative investment option.