Russia and Iran Will Have to Accept Bitcoin – Bitcoin Magazine


This is opinion editor Q Ghaemi, a stock and bitcoin analyst and author of the Qweekly Update newsletter.

Earlier this month, news broke that the Central Bank of Iran was working with the Russian Crypto Industry and Blockchain Association to create a gold-backed stablecoin to settle trade. This is not the first foray into the cryptocurrency world for either country, and it won’t be the last. But this initiative will go to waste and ultimately bring both countries one step closer to accepting Bitcoin.



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