News > Russia mulls allowing cryptocurrency for international payments

Russia mulls allowing cryptocurrency for international payments

Economic Times | 27/05/2022 11:31 PM | Click to read full article

Russian officials are wrestling with how to regulate the country's crypto market and use of digital currencies, with the finance ministry opposed to the central bank's calls for a blanket ban.

Discussions have been ongoing for months and though the government expects cryptocurrencies to be legalised as a means of payment sooner or later, no consensus has yet been reached.