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Benzinga
Benzinga
Business
Adrian Zmudzinski

Russia To Transact In Crypto To Avoid Sanctions In Africa? Russian Official Suggests So

Russia’s Chamber of Commerce and Industry President Sergei Katyrin suggested the country should integrate cryptocurrencies such as Bitcoin (CRYPTO: BTC) into its financial system.

What Happened: Katyrin said in a letter to the local prime minister Mikhail Mishustin that central bank digital currencies (CBDCs) and cryptocurrencies should be used as part of the country's involvement with Africa, Russian state-backed publication TASS reported on Thursday.

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