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Cryptocurrency News Articles

Crypto, Russia, Buy Now: A Geopolitical Shift?

Oct 22, 2025 at 11:16 pm

Russia legalizes crypto for foreign trade, potentially impacting Bitcoin and DeFi. Discover which tokens might benefit and whether now's the time to buy.

Crypto, Russia, Buy Now: A Geopolitical Shift?

Is Russia's move to legalize crypto for foreign trade a game-changer? This could reshape global finance and impact Bitcoin, DeFi, and certain altcoins. Let's dive in.

Russia Goes Crypto: A New Era for Foreign Trade?

Russia has officially announced the use of Bitcoin for foreign trade. This decision, revealed on October 22, 2025, marks a significant shift in the country's financial policy. Facing Western sanctions and limited access to traditional systems like SWIFT, Russia is turning to crypto to bypass these restrictions and foster trade with nations like China, India, and Turkey. This move is being called a "dedollarization milestone," as Russia seeks financial autonomy.

Key Takeaways and Market Impact

  • Legal Framework: Russia has legalized crypto use for cross-border settlements.
  • Bypassing Sanctions: The goal is to overcome SWIFT restrictions.
  • Trade Partners: Russia aims to transact more freely with allies like China and India.
  • Market Response: Bitcoin prices saw a brief surge following the announcement.

Which Cryptos Could Benefit?

Analysts suggest that this shift could legitimize crypto as a neutral settlement layer, benefiting specific tokens:

  • Bitcoin Hyper ($HYPER): Aims to turn Bitcoin into a usable payment network.
  • Best Wallet Token ($BEST): Powers a self-custody wallet designed for the new era.
  • Aster ($ASTER): A decentralized exchange (DEX) facilitating cross-border trade.

The Bigger Picture: A Geopolitical Turning Point?

Russia's adoption of crypto for foreign trade could have far-reaching implications. It might encourage other BRICS countries to consider similar platforms, accelerating the trend of dedollarization. This move also highlights the increasing role of blockchain in global finance.

Risks and Challenges

Despite the potential benefits, challenges remain. Bitcoin's price volatility could complicate long-term trade agreements. Increased scrutiny from Western countries might also limit crypto exchanges facilitating Russian transactions. However, with Bitcoin's growing institutional adoption and market value, it's becoming an increasingly attractive store of value.

A Personal Take

While Russia's crypto adoption is driven by necessity, it could inadvertently legitimize digital assets on a global scale. Imagine a world where crypto acts as a neutral settlement layer, reducing dependence on traditional financial systems. It's a bold move, but one that could reshape the future of finance.

Looking Ahead

It will be crucial to monitor how Russia implements Bitcoin settlements, including volume limits, taxation, and permitted industries. Short-term volatility is expected, but long-term sentiment remains overwhelmingly positive.

The Bottom Line

Whether you're a seasoned crypto investor or just curious about the latest developments, Russia's foray into crypto is worth watching. It's a reminder that in the world of finance, change is the only constant. And who knows? Maybe this is the start of something big. So, buckle up and enjoy the ride!

Original source:bravenewcoin

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