Russian Exchanges Ready to Launch International Crypto Payments, Lawmaker Reveals – Exchanges Bitcoin News

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Russian Exchanges Ready to Launch International Crypto Payments, Lawmaker Reveals – Exchanges Bitcoin News
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Major Russian exchanges are ready to start working with cryptocurrencies, lawmaker says.

Also quoted by the crypto news outlets Bits.media and RBC Crypto, the Russian deputy pointed out that legislation designed to regulate the matter is currently being discussed. The necessary bills can be adopted as early as November, the lawmaker indicated.

Russia turned its attention to cryptocurrencies as a way to circumvent financial restrictions imposed by the West over its military invasion of Ukraine. The Russian government now views them as a tool that can ensure uninterrupted cross-border payments.

Last week, news came out that the two regulators have already reached a general agreement on a bill authorizing the employment of cryptocurrency in foreign trade deals. Russian media reports also unveiled that financial authorities in Moscow are already developing a

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