Russia is introducing a new legal framework aimed at ensuring the possibility of using cryptocurrency payments in international trade.

The move is part of the country's strategy to bypass Western sanctions and reduce its reliance on the U.S. dollar. The Russian government, which has been wary of digital currencies, is now pushing through legislation to support these transactions.

The digital ruble is expected to be launched in 2025, and the country recently legalized cryptocurrency mining and payments.

The initiative involves focus group work with importers who are facing difficulties in making payments, especially for dual-use goods.

The group includes members of the Chamber of Commerce, the Electronics Manufacturers and Developers Association and selected banks. While the group is currently focused on larger businesses, there is potential for expansion, although the timing is unclear.

In addition, the Central Bank of Russia is accelerating the adoption of digital currency legislation, and pilot projects for a digital ruble are already underway. The goal is to make cross-border payments more efficient and reduce reliance on traditional financial systems. The Komi region is set to become a key region for cryptocurrency mining, and plans to create new data centers will help develop the sector.