Russia Moves to Legalize Cryptocurrency Payments Amid Sanctions Pressure: Report
According to a Bloomberg Report, Russia will soon legalize the use of cryptocurrencies for payments. This move is aimed at easing the growing difficulties faced...
Category : Russia
Russia Legalizes Bitcoin And Crypto for International Trade To Bypass Sanctions
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Russia Could Legalize Stablecoins to Break Free from Sanctions & SWIFT
Hit with severe sanctions, Russia is exploring stablecoins as an escape route from financial isolation. Being cut off from SWIFT makes it much more difficult...
Russia Partners With Iran to Release a Stablecoin Backed by Gold (Report)
The Russian government and the Central Bank of Iran are reportedly mulling a partnership to create a new stablecoin that can facilitate cross-border settlements. The...
Russia Close To Legalizing International Trade In Bitcoin, Crypto: Head Of Finance Committee
Russia’s Congressional finance committee chairman, Anatoly Aksakov, said the country is moving to greenlight international trade in cryptocurrency within the next month, according to a...
The CBDC Push Moves On: Russia Plans to Use CBDC in Trade With China
Russia is ramping up plans to develop central bank digital currency. A new report says settlements with China are its next target.As reported by Reuters,...
Russia One Step Closer To Using Bitcoin, Crypto In International Trade as Central Bank, Finance Ministry Agree On Draft Bill
The Russian Ministry of Finance and its central bank have agreed on a draft bill allowing bitcoin and cryptocurrency payments for international trade settlements, per...
Russia to Accept Crypto For Cross-Border Payments
Russian government officials finally made their first move to legalize cryptocurrency, and it works for everyone.Russia-based news outlet Kommersant reported on Thursday that the country’s...
Bank of Russia to Greenlight Cross-Border Payments With Crypto (Report)
In a rather swift departure from its prewar crypto stance, the Bank of Russia is weighing in on the possibility of legalizing crypto for facilitating...
Russia To Legalize Use Of Cryptocurrency In International Trade: Report
Russia is close to pushing legislation for the use of cryptocurrency in international trade.In current conditions “it is impossible to do without cross-border settlements in...
