09-25-2022, 03:02 PM
Russia is moving very very fast to legalise crypto for cross-border payments. But is
<!-- SC_OFF --><div class="md"><p>Since Russia has been hit by a high amount of sanction due to their try of an invasion on Ukraine, there have been a lot of chatter on how they could bypass those sanction mostly by using crypto for cross border payments. Especially after they have been taken off SWIFT.</p> <p>Also in Russia you could see their intentions. A complete ban like before the war was canceled and instead they seem to be trying to ban it for the people in the country, to make them use ruble, but they themselves want to use it for cross-border payments. Even their central bank seems to be going for that now. </p> <p>Obviously that's very wrong. Crypto was made is for the normal people to use and not some government trying to avoid sanctions after their own war. So is this the kind of adoption we want?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/partymsl"> /u/partymsl </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/xmza0q/russia_is_moving_very_very_fast_to_legalise/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/xmza0q/russia_is_moving_very_very_fast_to_legalise/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>Since Russia has been hit by a high amount of sanction due to their try of an invasion on Ukraine, there have been a lot of chatter on how they could bypass those sanction mostly by using crypto for cross border payments. Especially after they have been taken off SWIFT.</p> <p>Also in Russia you could see their intentions. A complete ban like before the war was canceled and instead they seem to be trying to ban it for the people in the country, to make them use ruble, but they themselves want to use it for cross-border payments. Even their central bank seems to be going for that now. </p> <p>Obviously that's very wrong. Crypto was made is for the normal people to use and not some government trying to avoid sanctions after their own war. So is this the kind of adoption we want?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/partymsl"> /u/partymsl </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/xmza0q/russia_is_moving_very_very_fast_to_legalise/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/xmza0q/russia_is_moving_very_very_fast_to_legalise/">[comments]</a></span>