Crypto laws

Russia to Test Cryptocurrency for International Transactions, Effective September 2024

August 27, 2024
Russia is set to begin trials in adopting cryptocurrency for international transactions starting September 1, 2024. This signifies Russia’s efforts to operate independently without any Western sanctions.  This move marks a turnaround in Russia’s anti-crypto stance, and it will likely bring about a lot of ease in payments, streamlining transactions for cross-border trade.  The National