PANews reported on December 4th that, according to Vedomosti and RBC, Maxim Oreshkin, economic advisor to the Russian president, stated that cryptocurrencies should be included in the national balance of payments, calling Bitcoin mining an "undervalued export project." He pointed out that Russian companies have already invested over $1.3 billion in mining infrastructure and are using cryptocurrencies for import and export settlements, having a real impact on the foreign exchange market. The Russian government is gradually pushing for the inclusion of crypto trade within the regulatory framework to address foreign trade needs under sanctions.PANews reported on December 4th that, according to Vedomosti and RBC, Maxim Oreshkin, economic advisor to the Russian president, stated that cryptocurrencies should be included in the national balance of payments, calling Bitcoin mining an "undervalued export project." He pointed out that Russian companies have already invested over $1.3 billion in mining infrastructure and are using cryptocurrencies for import and export settlements, having a real impact on the foreign exchange market. The Russian government is gradually pushing for the inclusion of crypto trade within the regulatory framework to address foreign trade needs under sanctions.
Putin's economic advisors have called for the inclusion of cryptocurrencies in Russia's national trade books.
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PANews reported on December 4th that, according to Vedomosti and RBC, Maxim Oreshkin, economic advisor to the Russian president, stated that cryptocurrencies should be included in the national balance of payments, calling Bitcoin mining an "undervalued export project." He pointed out that Russian companies have already invested over $1.3 billion in mining infrastructure and are using cryptocurrencies for import and export settlements, having a real impact on the foreign exchange market. The Russian government is gradually pushing for the inclusion of crypto trade within the regulatory framework to address foreign trade needs under sanctions.
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