Russian lawmakers approved a new law permitting the use of cryptocurrency for international payments as the country faces ongoing financial pressure from Western sanctions. Russia’s central bank is itself looking to move money across borders using crypto before the end of 2024. On Tuesday, the Russian Parliament gave the initial green light to the new legislation.
Russian lawmakers approved a new law permitting the use of cryptocurrency for international payments as the country faces ongoing financial pressure from Western sanctions. Russia’s central bank is itself looking to move money across borders using crypto before the end of 2024. On Tuesday, the Russian Parliament gave the initial green light to the new legislation.