The Russian Agricultural Bank is thinking to keep crypto-based tools as an alternative to traditional settlement methods for exporting more than 49.5 million tonnes of grain. This step will help in amalgamating commodities market to digital assets, introducing this use case. Russia is very active in terms of crypto adoption.
Russia’s central bank has taken a step toward opening the market to crypto-linked financial products. This move allows financial institutions to offer derivatives, securities, and digital financial assets tied to cryptocurrency prices. The Bank of Russia made this announcement amid widespread international sanctions that restrict Russia’s access to global financial
The Russian Central Bank is ready to accept international crypto payments. CBR tightens crypto trading and mining inside the country. The Central Bank of Russia (CBR) is now ready to accept Bitcoin and other cryptocurrencies for international payments. On Thursday, in St. Petersburg Economic Forum, Elvira Nabiullina, head of the
