Russia Passes New Law on Cryptos
Russia seems to be in a lot of trouble regarding its global payments and cryptos seem to be the temporary (?) solution to its problems.
Parliament in Russia has passed a new law that allows businesses and individuals to make international payments abroad for suppliers and customers. Most importantly, these payments will be recognized in accounting, making cryptos like regular money.
In fact, the Central Bank of Russia is expected to use cryptos as a means of trading with third countries, until the end of 2024.
The number of sanctions from the US and the rest of the West appears to be very high and does not appear to be easing within the next year.
So cryptos seem to be getting a new role here too………
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