- Russian companies may start transacting in cryptocurrency with partners abroad as early as next year and will be free to pick the coin they want to use, officials in Moscow have indicated.
- The sanctioned country is preparing to legalize foreign trade settlements with digital assets and this could happen in the coming months.
- The monetary authority, a strong opponent of allowing the free circulation of bitcoin and the like, emphasized that there is no talk of legalizing crypto as a means of payment inside the country.
Russian Businesses to Choose Which Crypto to Use for Cross-Border Settlements, Lawmaker Says
