🇷🇺 Russia to Test International Crypto Payment Platform from September 1

Russia will use the National Payment Card System to swap between rubles and cryptos as it tests the platform.

Moscow and St. Petersburg exchanges could OFFICIALLY launch crypto platforms next year if the tests are successful.

This is the latest development in crypto activity in Russia after President Vladimir Putin approved a bill to legalize crypto mining and international payments on August 8.

The bill aims to remove barriers from Western sanctions, helping to open up Russia's international payment activities.