📣 Bank Of Russia Backs Cross-Border Crypto Payments vs. Domestic Trade

👉 Russia’s central bank governor Elvira Nabiullina is the latest official to confirm that the country is warming to the idea of #cryptocurrency payments, but not domestic ones.

👉 According to Nabiullina, cryptocurrencies can be used in cross-border or international #payments only if they don’t get into Russia’s domestic financial system.

👉 Nabiullina went on to say that #digitalassets must comply with all requirements and policies created to protect investors.

👉 The governor previously called on the government to focus on encouraging the development of digital asset projects that are being issued by a responsible person in April.

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