BLOOMBERG:
The move marks a rapid shift in attitude toward digital instruments, and comes as Russian businesses confront growing payment pressures triggered by US threats of secondary sanctions on foreign banks.
While the use of digital currency for payments is currently prohibited in Russia, Putin this month called on the government “not to miss the moment” in regulating the method inside the country and in foreign deals.
Cryptocurrencies “are increasingly used in the world as a means of payment in international settlements,” Putin told officials.
