Russia, Iran to adopt Bitcoin – Bitcoin Magazine

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

Earlier this month, Reports surfaced That the Central Bank of Iran is working with the Russian Association of Crypto Industry and Blockchain to create a stablecoin that will be backed by gold to settle trades. This is not the first step into the crypto universe for any country, nor will it be the last. But the plan would be futile, ultimately bringing the two countries one step closer to adopting Bitcoin.

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