Vladimir Putin Said Nothing Could Ban Bitcoin A Year Ago: Here's How Moscow Has Used Crypto Since Then To Overcome US Sanctions

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Russian President Vladimir Putin asserted only a year ago that no power can ban Bitcoin (CRYPTO: BTC) regardless of what happens to the dollar. While many saw it as a message to the West on ...

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While many saw it as a message to the West on ...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/25/12/49248196/vladimir-putin-said-nothing-could-ban-bitcoin-a-year-ago-heres-how-moscow-has-used-crypto-since-then-to-overcome-us-sanctions\">Source Link</a>\n\n</div>\n","source":"benzinga_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Vladimir Putin Said Nothing Could Ban Bitcoin A Year Ago: Here's How Moscow Has Used Crypto Since Then To Overcome US Sanctions</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVladimir Putin Said Nothing Could Ban Bitcoin A Year Ago: Here's How Moscow Has Used Crypto Since Then To Overcome US Sanctions\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-12-08 02:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/crypto/cryptocurrency/25/12/49248196/vladimir-putin-said-nothing-could-ban-bitcoin-a-year-ago-heres-how-moscow-has-used-crypto-since-then-to-overcome-us-sanctions><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Russian President Vladimir Putin asserted only a year ago that no power can ban Bitcoin (CRYPTO: BTC) regardless of what happens to the dollar. While many saw it as a message to the West on ...</p>\n\n<a href=\"https://www.benzinga.com/crypto/cryptocurrency/25/12/49248196/vladimir-putin-said-nothing-could-ban-bitcoin-a-year-ago-heres-how-moscow-has-used-crypto-since-then-to-overcome-us-sanctions\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BTC","symbol_name":"Grayscale Bitcoin Mini Trust","start_time":0,"source_url":"https://www.benzinga.com/crypto/cryptocurrency/25/12/49248196/vladimir-putin-said-nothing-could-ban-bitcoin-a-year-ago-heres-how-moscow-has-used-crypto-since-then-to-overcome-us-sanctions","article_id":"2589803493","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/12/07/Russian-President-Vladimir-Putin-Speaks-.jpeg?optimize=medium&dpr=2&auto=webp&width=260"],"rights":{"source":"benzinga_hot_news","url":"https://www.benzinga.com/crypto/cryptocurrency/25/12/49248196/vladimir-putin-said-nothing-could-ban-bitcoin-a-year-ago-heres-how-moscow-has-used-crypto-since-then-to-overcome-us-sanctions","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2589803493","pubTimestamp":1765132200,"columns":[],"sourceInfo":{"source_id":"benzinga_hot_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Russian President Vladimir Putin asserted only a year ago that no power can ban Bitcoin (CRYPTO: BTC) regardless of what happens to the dollar.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"83042":"华夏比特币-R","BTC":"Grayscale Bitcoin Mini Trust","03008":"博时比特币","BK4594":"比特币ETF概念","BK4588":"碎股","03439":"嘉实比特币","BK4585":"ETF&股票定投概念","BK1611":"加密货币现货ETF","BK4601":"加密货币现货ETF"},"translate_title":"普京一年前表示没有什么可以禁止比特币：从那时起莫斯科就如何使用加密货币来克服美国的制裁","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"83042":0.6,"03439":0.7,"BTC":1.98,"03008":0.7},"content_text":"Russian President Vladimir Putin asserted only a year ago that no power can ban Bitcoin (CRYPTO: BTC) regardless of what happens to the dollar. While many saw it as a message to the West on international sanctions, the country has taken targeted steps to open its economy to the world’s largest cryptocurrency.\nDuring an investment conference in Moscow on Dec. 4, 2024, Putin argued that the influence of the dollar on the global economy was waning, paving the way for the growth of other instruments.\n“For instance – Bitcoin. Who can prohibit its use? No one,” Putin said. “Or the use of other electronic ways of settlement. No one can ban the use of them.”\nPutin added that the new instruments would “continue developing” regardless of what happens to the dollar.\nShortly after these comments, Russia’s Finance Minister Anton Siluanov revealed that Russian companies have started using Bitcoin and other cryptocurrencies for cross-border transactions, described as a response to trade disruptions from sanctions imposed after the Ukraine war.\nThe minister said that it was possible to use the Bitcoin mined in Russia in foreign trade.\nIt’s worth noting that Putin greenlighted Bitcoin mining in the country earlier that year. He previously rejected the central bank's proposal to ban cryptocurrencies in 2022, arguing that the country possesses \"competitive advantages\" in the field of mining.\nSee Also: Ex-SEC Chair Gary Gensler Warns Crypto Remains ‘Speculative, Volatile’\nIn accordance with Putin’s directives, the central bank proposed in March of this year to allow a limited number of “highly qualified” Russian investors to purchase and sell cryptocurrencies under a new three-year experimental legal regime.\nThe bank maintained that it still doesn’t see cryptocurrency as a means of payment and proposed a ban on all cryptocurrency transactions between Russian residents outside the experimental regime.\nHowever, recent developments suggest attempts to expand cryptocurrency access for Russians. Bank of Russia First Deputy Governor Vladimir Chistyukhin said that rules should be eased beyond the “extremely narrow” category of qualified investors, given the sanctions in place, according to a Cryptopolitan report.\nMaxim Oreshkin, the Deputy Chief of Staff of the Presidential Executive Office, said earlier this week that cryptocurrency mining generates “enormous sums” and must be factored into Russia’s balance of payments, according to a report by Vedomosti, the country’s leading business newspaper.\nThere is no publicly available official figure for how much Bitcoin the Russian government holds. Although, calculations from Russia’s National Cryptomining Association showed that 54,000 BTC were mined in 2023 alone.\nPrice Action: At the time of writing, BTC was exchanging hands at $$91,968.59, up 1.35% in the last 24 hours, according to data from Benzinga Pro.\nPhoto Courtesy: miss.cabul on Shutterstock.com\nRead Next:","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}