Official announcements from the Russian government or major financial news outlets

Putin Asserts 'No One Can Prohibit Bitcoin,' Says West Failed to Weaken Russia

Dec 4, 2024, 02:02 PM

Russian President Vladimir Putin declared that attempts by the West to inflict a strategic defeat on Russia have failed, noting that 'untrustworthy partners' were unsuccessful in weakening the country. He stated that the Russian economy has recovered and is undergoing qualitative structural changes, with investments from friendly countries growing. Speaking at the VTB Capital's 'Russia Calling!' investment forum in Moscow, Putin criticized the US dollar's dominance, asserting that it allows the United States to exploit other economies. He expressed optimism about the future of Bitcoin and digital assets, stating that they will continue to develop and that 'no one can prohibit Bitcoin.'