They’re basically being forced to use Bitcoin to get around U.S. sanctions, and that’s part of why there’s growing demand for BTC.

But it's always good, at least they’ve realized something important: Bitcoin is an unstoppable global currency.
Hopefully, the U.S. also wakes up to the fact that they can’t just sanction anyone forever… because when that happens, Bitcoin steps in to save the day.

I don't think that's going to happen. Centralized authorities never mix well with decentralized money. It doesn't matter if it is Russian government and central bank or US or Europe or China or ... they will never be friendly to Bitcoin as long as it is decentralized and out of their control.

So why is Russia using Bitcoin to bypass restrictions?

I mean, I get they won’t fully adopt it or make it their official currency, but if they’re using it to get around sanctions, isn’t that just… crypto-friendly?

This is similar to other countries; nothing special.

But the news is correct. For me, as a recognized entity by the Russian Central Bank is another marker for Bitcoin's evolving role in global finance, not only in selected countries.
However, investors should balance enthusiasm with caution, especially in politically and economically complex environments.

What you have stated is a fact, and so people shouldn't be deceived with the responses that appears to be friendly from the centralized authorities. In as much as bitcoin stays decentralised they still see it as a threat to the central power they exercise in the economy. There supposed friendliness is as a result of what they've now discovered they stand to profit from the asset. If they can find a way to take away the decentralised feature of bitcoin they wouldn't hesitate.

We as Bitcoiners don't need any confirmation from any governments about performance of Bitcoin over past years. It's available on the price chart and if you want summary performance, you can find it on some statistical websites. Below I share some sites for your checking if you are actually curious about it.

https://charts.bitbo.io/yearly-candles/
https://cryptorank.io/price/bitcoin/analytics
https://casebitcoin.com/charts#roi_chart

Russian government can say whatever they want but what they said is not actually truth about Bitcoin or anything. Don't trust their sayings, verify it with available information on Bitcoin performances.

From another angle, I think we can still consider it good news, because it just shows that the popularity of bitcoin cannot be stopped from being recognized
and adopted by other private sectors for use in their companies or businesses.

This is if they are really serious, it is really good news that we can say that, because we know that it is a centralized while bitcoin is decentralized so it is up to them how
they execute it in their business type.

It wouldn't be entirely wrong to say that they are becoming bitcoin friendly because they are using it to evade sanctions. If they remain hostile , it will never be their choice. But it is too early to say that they will never attack bitcoin again and have completely changed their attitude towards bitcoin.


If the war ends, bilateral relations between Russia and the West will be restored. When sanctions are lifted and trade between the two sides resumes , is there any guarantee that the Russian central bank will still use and maintain a friendly attitude towards bitcoin?


The reason they turned to bitcoin/crypto is because of sanctions , they are reluctant because they don't have many options, not because they actually changed their attitude and want to become bitcoin friendly .

Don't forget that every new government that comes into power usually have their sentiment too for some of the things that the other past government thought was good for the country. Don't be fully convinced bro, take your privacy very serious and avoid interacting your coins with so man KYC exchange, because you don't know what the government could do one day to turn against Bitcoin investor.

I don't think that central banks will change and their stance on Bitcoin will be nearly the same years ago, now and in future. They will never give up their power in control their national economy and citizen financial flows. Bitcoin and cryptocurrencies give people more alternatives to choose and get more privacy, anonymity and freedom from government control but it will still exist at different severity, more or less than what it is now.

They already started their massive plans with Central Bank Digital Currency from development, pilot, test, launch, and perhaps will deploy it into practical economic operations in their countries. With coming appearances and more popularity of CBDCs, it would not give Bitcoin bright future to be attached to national financial system and never be a main bone of central banks.