July 20, 2024

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Russian Central Bank Suggests Using Crypto to Counter Western Sanctions

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Russian Central Bank Suggests Using Crypto to Counter Western Sanctions
Russian Central Bank Suggests Using Crypto to Counter Western SanctionsRussia’s central bank has urged businesses to consider various payment solutions, including cryptocurrencies and digital assets, to manage transactions with foreign partners and counter Western sanctions. Bank of Russia Governor Elvira Nabiullina highlighted that the central bank has softened its stance on the use of cryptocurrencies in international payments. She also mentioned ongoing efforts to […]