Russia Developing Sandbox for Cross-border Crypto Payments
"The Russian Export Center (REC) is considering the employment of digital currencies
as an alternative approach to international settlements under sanctions."
"The project will aim to create opportunities for fintech companies
to process payments using digital financial instruments on behalf of Russian exporters and importers."
"The initiative comes after the Bank of Russia softened its stance on crypto payments in foreign trade deals."
"Most Russian institutions agree that the ruble should remain the only legal tender inside Russia."
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