Russia To Allow International Trade In Bitcoin, Crypto For Any Industry: Report

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The Ministry of Finance of the Russian Federation plans to let any industry in the country to accept bitcoin and cryptocurrencies for international trade without restriction, per a report from local media outlet TASS.

Ivan Chebeskov, director of the Financial Policy Department for the ministry, explained in a recent interview. “We are going to allow international settlements in cryptocurrencies for any industries without restrictions.”

However, though the ministry intends to offer a non-restrictive flow for the acceptance of bitcoin and cryptocurrencies, there seems to be a difference of opinion coming from the Bank of Russia.

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By akohad

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