Russia’s Crypto Pivot and Vietnam’s Rising Influence in Digital Currency

Explore Russia's strategic shift to cryptocurrency amidst Western sanctions and Vietnam's growing role in the global crypto market. Discover how BRICS nations are considering a gold-backed cryptocurrency to challenge the US dollar's dominance, and learn about Turkey's new AML rules impacting its $170 billion crypto sector. This episode delves into the geopolitical and economic implications of these developments, offering insights into the future of digital currencies in reshaping global trade and finance.

Sources:
https://www.businessinsider.com/russia-economy-cryptocurrency-bitcoin-mining-trade-payments-transactions-sanctions-siluanov-2024-12
https://dailyhodl.com/2024/12/25/kyros-ventures-collaborates-with-bingx-to-release-the-vietnam-crypto-market-report-2024/
https://watcher.guru/news/brics-to-ditch-us-dollar-for-gold-backed-cryptocurrency
https://www.financemagnates.com/cryptocurrency/new-aml-rules-in-turkey-set-425-threshold-for-170-billion-crypto-sector/

Outline:
(00:00:00) Introduction
(00:00:42) Russia is mining a hot cryptocurrency, trying to solve one big trade problem
(00:03:33) Kyros Ventures Collaborates with BingX to Release the Vietnam Crypto Market Report 2024
(00:06:25) BRICS to Ditch US Dollar for Gold-Backed Cryptocurrency?
(00:09:26) New AML Rules in Turkey Set $425 Threshold for $170 Billion Crypto Sector