Bitcoin.com News
Bitcoin.com News|Mar 08, 2025 06:31
Russia is saying no to bitcoin in its National Wealth Fund—for now. But how long will that last? 🇷🇺 With the U.S. exploring a strategic crypto reserve, Russia is taking a cautious route, sticking to gold and yuan. The Finance Ministry says crypto is too volatile and illiquid for sovereign reserves. But here’s the catch: As the fund grows, the rules could change. Deputy Finance Minister Kolychev hinted that once reserves hit a certain level, higher-yield assets—including crypto—could be on the table. Is this just a temporary rejection before Russia pivots into Bitcoin and digital assets? Or is the government underestimating the future of money? When Russia finally moves into crypto, will it be too late?
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