An arms producer in the Russian Federation, named Soyuzmash (meaning Union Machine) has requested the central bank to allow the company to process Bitcoin payments from both abroad and local customers to bypass imposed sanctions by the United States. There are other international restrictions on Russian companies to deal in such industries, but Bitcoin would be an optimal solution as it’s not recognized as “money” in any of the sanction-imposing countries including the United States. Considering the fact that Soyuzmash has the backing of the Russian State Duma, which takes on any opportunity to defy the sanctions, it’s clear that