A Russian university lecturer with ties to the government says the Kremlin will soon begin investing massively in Bitcoin as a way of avoiding new U.S. sanctions, a move that could happen “in a matter of weeks.” Russia to Buy Some ‘Digital Gold’? Speaking exclusively to Micky, Vladislav Ginko of the Russian Presidential Academy of National Economy and Public Administration believes new U.S. sanctions will push the Kremlin into diversifying its cash reserves into Bitcoin.

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The post Russia Plans to Ditch US Dollar for Bitcoin, Says University Professor appeared first on Bitcoinist.com.

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