Will cryptocurrencies soon become a means of payment in Russia?

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tldr; According to reports, Russia is preparing to legalize cryptocurrencies in international payment transactions in order to enable local companies to import important goods. Legalization prevents the opening of crypto wallets outside of Russia, which would thus evade Russian anti-money laundering laws. Russia is planning to introduce a digital central bank currency as early as 2023.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*



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