Russia is getting ready to roll out its final regulations on cross-border crypto payments by the end of November! 🗓️ According to Anatoly Aksakov, head of the Financial Market Committee of the State Duma, these new rules will provide clear guidelines for using cryptocurrencies in international trade. 💼🌐 The Central Bank of Russia and the Ministry of Finance are working closely on this, ensuring smooth and secure transactions.

Earlier this year, Russia kicked off a pilot program to test domestic crypto exchanges, including cross-border payments. 🌍🔄 While crypto will be allowed for foreign trade, don't expect to use it as a means of payment within the country just yet! This step shows Russia’s strong focus on market security, keeping illegal activities like weapons and drug transactions in check. 🛡️

Keep an eye on this major move in the crypto space!

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