Russia

The Bank of Russia is advancing plans to test cross-border crypto transactions for qualified investors. The central bank is considering legal amendments to create a new category of “particularly qualified investors,” allowing these individuals to trade digital currencies as Russia explores the use of cryptocurrencies for international trade. These developments follow an interview with Alexey …

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Russian President Vladimir Putin has enacted a new law to create experimental legal frameworks aimed at advancing digital technologies, with a strong emphasis on cryptocurrencies in international trade. This legislation permits adjustments to existing laws to enable cryptocurrency transactions, particularly for cross-border trade, and designates the Bank of Russia to oversee pilot projects related to …

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