Today (September 1)!

Cryptocurrency enters a landmark moment in history!

[From today, Russia allows the use of cryptocurrency for international trade!]

The Russian State Duma conducted its second and third deliberations on July 30 and approved the use of Bitcoin for cross-border transactions as part of the experimental legal system (ЭПР) from September 1, 2024.

Foreign media pointed out that the Russian President Vladimir Putin’s government allows the use of Ethereum (ETH) and USDT stablecoins, not just central bank digital currencies (CBDCs), which represents a major shift in Russia’s attitude towards cryptocurrency and provides an experimental platform for the feasibility and risk control of digital currencies in practical applications.