Russia Industry Minister: The Country Could Legalize Crypto As Payment

Russia Industry Minister: The Country Could Legalize Crypto As Payment

It seems that the crypto adoption is booming where you least expect it. Check out the latest reports about the mass adoption of cryptos in Russia.

The mainstream adoption of Bitcoin and digital assets has been one of the main goals that the crypto industry has set a while ago. There have been a lot of important moves taking place in the crypto space which are taking the industry on the right path toward success.

The important press agency Reuters just noted that the Russian Industry and Trade Minister Denis Manturov on Wednesday said cryptocurrencies could be legalized as a means of payment in Russia.

You can see the official notes on Reuters. 

Bitcoin adoption boom throughout the world

The adoption of the king coin and digital assets, in general, is still going strong all over the world despite the huge market volatility. People have eventually understood the importance of crypto, especially in 2022 when financial freedom becomes a must.

More nations are seeing the importance of adopting digital assets and their underlying tech, the blockchain, in 2022.

Traditional finance is showing its flaws, and the future gets closer with the help of digital assets. Fiat money will become oblivious over time, and people will be using crypto in the near future, according to more and more experts in finance and economics.

Now, more juicy news is out, and it’s about making Bitcoin as a payment service.

As the online important publication Crypto Expat notes, amidst the various crypto severe events that have been taking place in the markets, the mass adoption of Bitcoin and digital assets continues to go strong.

United Arab Emirates (UAE)’s leading airline, Emirates Airline, is reportedly planning to add “bitcoin as a payment service.”

The airline has revealed its plans to recruit personnel to create applications that monitor client needs.

The United Arab Emirates (UAE)’s leading airline, Emirates Airline, will soon embrace “bitcoin as a payment service.”


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