Bank of Russia to set up entities for crypto mining and cross-border settlement: Report

by Aurelia Butler 19 April 2023, 22:40 199 Views

In a meeting in the State Duma — one of the chambers of the Russian parliament — the head of the central bank, Elvira Nabiullina, announced that the Bank of Russia would allow cryptocurrency to be used in external settlements in a pilot program. The move, however, does not signal a change in the country’s crypto environment:

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Source: Cryptocurrency - investing.com

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Bank of Russia to set up entities for crypto mining and cross-border settlement: Report

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