www.zerohedge.com BY TYLER DURDEN
Two weeks ago we speculated that deep state’s escalating threats to impose draconian sanctions on Russia, and even go so far as to kick it out of SWIFT was the best news for bitcoin in 2022, a year when it desperately needed some good news after plunging more than 50% in two months.
Today, we get further confirmation that this eventuality is now in play after Bitcoin Magazine reported that efforts to welcome bitcoin in Russia with clear regulation keep growing with the Ministry of Finance and the Chamber of Commerce and Industry being the latest two entities voicing their suggestions despite the central bank’s continued hard line.
Russian Minister of Finance Anton Siluanov sent a letter to Prime Minister Mikhail Mishustin on Wednesday reiterating the ministry’s inclination to regulate, instead of ban, cryptocurrency trading and mining in the country, per a report by Russian newspaper Kommersant.
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