Putin Calls for International Settlements Based on Blockchain and Digital Currencies – Finance Bitcoin News

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Russia’s Putin urges for new blockchain-based system for international settlements.

Russian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks and third parties. He is convinced that cross-border payments relying on digital currency and distributed ledger technology will be “much more convenient.”President of Russia Vladimir Putin has called for the establishment of a new system for international settlements, independent from banks and third-party interference.

“We all know very well that under today’s illegitimate restrictions, one of the lines of attack is through settlements. And our financial institutions know this better than anyone because they are exposed to these practices,” the president elaborated. Today, the system of international payments is expensive, with correspondent accounts and regulation controlled by a small club of states and financial groups.

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putin is a president of a terroristic country. Bitcoin will be accused of sponsoring terrorism. Red flag for cryptocurrency.

im alittle split on this news because that is the whole point of Defi. To skip banks....so i guess there are pros and cons

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👀

Via KickEX DYOR

He will only do this to force other countries to regulate or crack down on crypto. That will cause term oil hurting people and business. He is very smart.

Putin Need $SHIB 😹

It's funny becuase people are already doing this

Thats nice

FACT

This is why Putin wants this to happen NOW!!! 🤔🤔🤔

Comical.

Thats nice

Thats nice

they should be

SecYellen you are going to make the USA so poor...

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We dooo hahaha

Dump

Putin should put himself up as a candidate for u.s. president 🇺🇸

Thats nice

BNB

BNB

PUT IN ass that.

Thats nice!

Thats nice

But will he conform to ISO 20022?

Surprise 😳

BNB

Thats nice

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He's not gonna be president much longer at this rate. Financially it would be good for crypto and crypto owners, but the state of the world today shows some seriously deep shits about to happen in multiple places

Putin is the best president on Earth 🏆

I know one they could use... it's called Bitcoin 😉

lunc for Russia

Really

WOW🥳

LukeGromen

it’s called Bitcoin

this may well turn out to be the biggest economic battle ever Bitcoin

Looks like we’ll see mass USDT adoptiom

Sooo BTC

Just think a world 🌎 where only transprency matters 🤔 a truely decentralized no central authority how the world is.........

🤣🤣🤣

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And if it doesn’t work out,will be threaten to nuke that also ? 😂 guys a big baby in a old mad man’s Body 😂😂

Of all the people.

I think they should follow Argentina’s example and adopt Tether.

Or stop trying to reinvent the wheel. Bitcoin already exists.

A positive reaction about Cryptocurency from one of the world leader

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$kaspa Bitcoin 2.0

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Only bitcoin Any other shitcoin created by banks & countries will have the same fallout

And it's called bitcoin

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