In a very recent formal article on the New Century Gold website, we discussed Russia wanting to use cryptocurrencies for international trade payments. The report is short and straight to the point. If you want to read it before getting into today’s article, click the link: https://ncgcoin.io/russia-to-enable-cryptocurrency-as-a-legal-payment-method/.
The breaking news for today is that Russia will allow the usage of cryptocurrencies for payment in international trading! These cross-border settlements were permitted by the Bank of Russia and the country’s Ministry of Finance with their newest crypto policy. This policy will also give Russian nationals access to digital wallets, giving more people a chance to use and learn about crypto. In addition, the procedure details how to obtain crypto, what the crypto can be used for, and what can or can’t be done within the international trading realm with the usage of crypto.
As we have stated time and time again, the usage of crypto is growing at a rapid rate. This is another domino to which we can add to the crypto domino effect we have been adding to every New Century Gold article and podcast. The future of crypto is seemingly bright!
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Written by: Matt Senn