Russia accepts Bitcoin and crypto for cross-border payments, proposes policy change
From fxstreet.com
The Bank of Russia and the Ministry of Finance have reportedly reached an agreement to allow the use of Bitcoin and cryptocurrencies in cross-border payment settlements. Kommersant, a Russia-based outlet, reported on Thursday that Russia’s Deputy Finance Minister Alexei Moiseev said the government department has agreed “on the whole” with the central bank over a rule that would let residents send cross-border payments using cryptocurrencies. The proposed policy change was aimed at allowing Russian nationals access to digital wallets. Moiseev was quoted in the report: [The policy] generally describes how to acquire ...
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