Russian Central Bank And Ministry Of Finance Agree On Bitcoin, Crypto Bill – Bitcoin Magazine

Russia’s Finance Ministry and its central bank have agreed on a draft law that would allow bitcoin and cryptocurrency payments for international commercial arrangements, according to a report from Russian news agency. Tass.

“Overall, the bill” is generally about how cryptocurrency can be bought, what can be done with it, and how cross-border settlements are implemented,” said Deputy Finance Minister Alexei Moiseev.

Agreement follows a report in which Moiseev stated that Russia cannot conduct international trade without using bitcoin and cryptocurrencies due to the current circumstances related to sanctions.

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