18:26, 29 September 2022 Page views 409 views

Russia’s Central Bank and Finance Ministry agree on draft law on using cryptocurrencies in cross-border settlements

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“As you have heard, the Central Bank also believes that cross-border settlements in cryptocurrencies are permissible,” he said. “Now we have a draft law already agreed in this part with the Central Bank.”

According to the Deputy Finance Minister, the document as a whole describes how cryptocurrency can be purchased, what can be done with it, and how it can or cannot be used, first of all, in cross-border settlements.