Russia's parliament will consider a law that permits international payments via cryptocurrencies, Russia's central bank governor said.
The lower house of the Russian Parliament will consider a law that permits making international payments via cryptocurrencies, Russia's central bank governor Elvira Nabiullina said Tuesday.
Illustrative image of two commemorative bitcoins seen in front of the national flag of Russia displayed on a computer screen.Russia is considering legalizing the use of cryptocurrency for international payments as the country faces ongoing financial pressure from Western sanctions. "We are already discussing the terms of the experiment with ministries and departments, with businesses, and we expect that the first such payments will take place before the end of this year," she said.
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