<ul><li>Russia’s Sovereign Wealth Fund is investing in Bitcoin mining across BRICS nations to facilitate global trade settlements in Bitcoin.</li><li>The concentration of mining within BRICS nations poses a risk for Bitcoin's decentralized nature.</li><li>Russia's new crypto law grants the government control over digital assets and mining activities with the aim of preventing illicit financial activities and ensuring transparency.</li><li>Speculation suggests that Bitcoin could reach $3 million by 2050 as it becomes widely accepted and central banks allocate 2% of their reserves to Bitcoin.</li></ul>

Russia’s Sovereign Wealth Fund Backs Bitcoin Mining Expansion Across BRICS Nations, Is BTC Headed to $3 Million?

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