Cryptopolitan
2023-05-01 11:09:59

Russia turns to cryptocurrency for cross-border settlements amid sanctions—here’s why

At the “Banks. Transformation. Economy. 2.0” conference in Moscow, Russia’s Deputy Finance Minister, Alexey Moiseev, spoke about the potential use of cryptocurrencies in foreign trade activities currently hindered by Western sanctions. Moiseev revealed that the State Duma, Russia’s lower house of parliament, is considering a draft law to regulate the matter. Moiseev acknowledged the risks … Russia turns to cryptocurrency for cross-border settlements amid sanctions—here’s why Read More »

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