The Ministry of Finance named the deadline for the launch of international transactions using cryptocurrencies

Russian authorities may use cryptocurrencies in international transactions since 2023. This is reported by the newspaper “Izvestia” with reference to Ivan Chebeskov, representing the financial department.
The Bank of Russia actually gave its consent to the use of digital assets in foreign markets to circumvent sanctions imposed on Moscow. Although previously the regulator was categorically against the use of bitcoin and other virtual coins.
The Ministry of Finance, Ministry of Economic Development, Parliament and the Central Bank have been working on the mechanism of digital assets for the past few months.

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