The Central Bank plans to conduct the first cross-border crypto payments by the end of 2024

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The Central Bank plans to conduct the first cross-border crypto payments by the end of 2024
July 30th. /MEDIA TALK/.On Tuesday, July 30, it became known that the Central Bank plans to conduct the first cross-border crypto payments by the end of 2024. This was stated by the head of the Bank of Russia Elvira Nabiullina at a speech at the Federation Council.

The first calculations are planned to be carried out in an experimental legal regime. For this purpose, the State Duma is developing a special law.


Photo: ru.freepik.com

Nabiullina noted that the conditions of this experiment are already being discussed with various ministries and businesses.

Recall that on the eve it was reported that Russian companies began to return international payments in yuan. Chinese partners began to request more and more documents as part of settlements with Russian organizations amid the threat of secondary Western sanctions.
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