Ivan Chebeskov, director of the Department of Financial Policy at the Ministry of Finance, said that Russian companies were starting to use cryptocurrencies more often in international transactions. This is reported by Izvestia.

Chebeskov stressed that in 2023 the use of cryptocurrencies and digital assets in companies in settlements will be fully regulated and will reach a new level.

The increase in international settlements in cryptocurrency in 2022 occurred against the background of sanctions and a decrease in transactions in euros and dollars, said Vladimir Gamza, chairman of the Council of the Chamber of Commerce and Industry of the Russian Federation on industry, finance and investment policy.

Digital currency settlements with unfriendly countries have increased many times after the introduction of anti-Russian sanctions. According to Finam FG analyst Leonid Delitsyn, the volume of cryptocurrency settlements for the year can reach $5-10 billion.