- Russia is preparing to authorize international crypto payments but people involved in the industry doubt this would allow the country to circumvent sanctions.
- The introduction of a crypto payment system under sanctions is exactly that, a big illusion.
- In 2018, Russian authorities considered permitting international companies established in the country’s special administrative regions to use digital coins in settlements with partners but the proposal was rejected by regulators who had a very negative attitude at the time.
Crypto Payments May Not Help Russia Bypass Sanctions, Experts Say
