Russia is set to begin trials for using cryptocurrency payments in response to pressure from US sanctions, according to a report by CryptoPotato. This move comes as Russia looks for alternative ways to conduct transactions amidst increasing restrictions from the United States. The trials aim to test the feasibility and effectiveness of using cryptocurrencies as a means of payment in various sectors of the economy. This development highlights Russia’s efforts to adapt to the changing global financial landscape and reduce its reliance on traditional banking systems.
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