Russia Plans To Experiment With Cross-Border Crypto Payments Amid Sanctions

05/01 06:56

Russia's Deputy Finance Minister Alexey Moiseev has suggested that cryptocurrency can be useful in international settlements, particularly in foreign trade activities restricted by Western sanctions. Speaking at an economic forum in Moscow, Moiseev said that while he believes cryptocurrency is generally risky for investors, "there may be individual situations in which crypto can be used."
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