- With limited access to global finances, Russian businesses have begun settling in cryptocurrency with their partners abroad.
- Russian entities are now actively using digital payment instruments, including cryptocurrencies, agreed Vladimir Gamza, head of industrial, financial and investment policy at the Council of the Chamber of Commerce and Industry of the Russian Federation.
- Throughout the year, Russian authorities have been mulling over how to regulate the country’s crypto space and sanctions have convinced them they need to legalize at least cross-border payments with cryptocurrencies.
Russian Companies Are Using Crypto in Trade Despite Lack of Regulation, Officials Admit
