Central Bank of Russia Plans to Test International Payments Using Cryptocurrencies

According to the Russian TASS news agency, Olga Skorobogatova, First Deputy Chairperson of the Russian Central Bank, said in the State Duma (lower house), ” We currently plan to test using cryptocurrency for international payments, meaning for international economic activities, within the framework of the regulatory sandbox”.

The pilot project will be implemented with interested market participants, Skorobogatova noted. The regulator did not specify which companies may be involved.


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