Crypto Payments Are Acceptable in Foreign Trade, Russia’s Financial Watchdog Says – Regulation Bitcoin News

Russian financial watchdog Rosfinmonitoring is ready to accept the use of cryptocurrencies in international settlements, the head of the agency, Yuri Chikhanchin, has indicated. The statement adds to growing support for the legalization of international crypto payments in Russia amid financial restrictions imposed over its invasion of Ukraine.

However, under certain conditions, such payments may well be used in international trade, Chikhanchin said. The high-ranking official believes this can help businesses oriented towards exporting Russian products. Quoted by the Bits.media crypto news outlet, he also noted:Yury Chikhanchin further emphasized that in order to take advantage of cryptocurrency payments, Russian companies need to know to whom exactly they are exchanging the digital currencies.

Source: Digital Coin News (digitalcoinnews.net)

Yeah. Ukrainians are using UTRUST, a crypto payment solution to mitigate the effect of the war and it already has thousands of merchants using it.

Cryptos open borders. I like cryptos for an opportunity to transfer cheaply where I want.

lovely_finance

lovely_finance

WOULD HAVE MISSSED THIS MATIC_RETURNS

🧐🧐🧐🧐

The US baned Bitcoin soon 😂😂

Put them through, If I have my way & time I will teach these people how to build their portfolios,there are better strategies that people get profit while Bitcoin dip/bullish & not everyone knows about this strategies. Will keep trying my best to teach those that I can teach

How come no one is talking about this?

When country is avoing sanctions using crypto

With this sanctions package they have no choice, so they will use USDT and BTC for international payments

Yes, we are all waiting for Tether to release a few more stablecoins.

Good for them. Because now they can use USDT.

Soon 👏

Crypto is solving lots of issues lately. Like in Argentina people start using USDT because of the inflation.

What choice does Russia have? They are mostly out of the SWIFT system. They want to get paid somehow $$$

🧐🧐🧐🧐

This account leads by russians? 🤡

Froginu 100x

Lol the US baned Crypto Bitcoin soon 🤣

Froginutoken 🐸 Froginu x1000 And I love all skin colors in the world 🐸

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