Bitcoin is here to stay, and no one can ban it. Speaking at the Investment Forum in Moscow on December 4, Putin made it clear that he believes crypto is the future. The president seems to have gone pro-crypto now,

Vladimir Putin has spoken about digital assets again, this time saying—amid ongoing sanctions against Russia—that Bitcoin cannot be banned.

Earlier this week, Russia reportedly approved a cryptocurrency-focused tax law which recognizes Bitcoin (BTC) and crypto-assets as property.

In recent years, Russia has shifted its stance on cryptocurrencies, moving from stringent restrictions to a more regulated embrace of digital assets. This trans

"Why accumulate reserves if they can be lost so easily?" Russian President Vladimir Putin said at an investing conference.

Russian President Vladimir Putin on Wednesday questioned the need to hold state reserves in foreign currencies since they could easily be confiscated for political reasons, saying that domestic investment of such reserves was more attractive.

Russian President Vladimir Putin, who was previously skeptical about Bitcoin, has now acknowledged that Bitcoin cannot be banned. Putin firmly asserted that Bitcoin and digital assets are unstoppable and would continue to evolve.