Russia's Finance Minister, Anton Siluanov, has clarified that the primary use case for cryptocurrency in the country's financial system will be for international settlements. He stated that this use of cryptocurrency will help circumvent the sanctions imposed on Russia by the Western world. Siluanov also emphasized that cryptocurrency should not be seen as an investment tool, warning against its "get rich quick" allure. This clarification aligns with the Russian government's strategy to utilize cryptocurrency obtained through the legalization of mining activity.



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