Russian crypto transactions in foreign trade are anticipated to exceed 1 trillion rubles in 2025, thanks to President Putin’s approval. This shift is largely due to sanctions that have hampered traditional financial pathways, pushing Russia to utilize digital currencies for foreign trade.
Though crypto use is growing, comprehensive regulations are absent for domestic transactions in Russia. Lawmakers restrict cryptocurrency operations to international settlements, emphasizing its use solely for trade with foreign partners, as regulated under an experimental legal framework.
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