Russia to Launch Pilot for Cross-Border Crypto Payments Next Week

IconCryptoNewsTerminal Staff30 Aug, 2024

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Russia to Launch Pilot for Cross-Border Crypto Payments Next Week

Russia is set to launch a pilot program for cross-border cryptocurrency payments next week. According to Coindesk, via card payments will also be implemented. Earlier in July, the Russian Duma, the lower house of parliament, adopted a bill legalizing cross-border settlements in crypto. On Aug. 8, Russian President Vladimir Putin signed the bill into law.