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Russian Parliament approves law allowing international crypto payments and exchange from September 1, 2024;

The Russian State Duma has formally passed a groundbreaking law allowing international payments and exchange transactions using cryptocurrencies. The new regulation, which will take effect on September 1, 2024, marks a major shift in the country's stance on digital currencies. The passage of the law highlights Russia's growing awareness of the potential of cryptocurrencies to facilitate global trade and finance. Crypto enthusiasts and businesses around the world are closely watching this development, which is expected to have an impact on the broader blockchain and financial ecosystem.

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