Russia limits crypto to investment, rules out payments
Key Takeaways
- Russia’s central bank continues to prohibit the use of crypto assets for payments.
- Crypto assets such as Bitcoin and Ethereum are only permitted as investment tools in Russia.
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Russia maintains its opposition to using cryptocurrencies like Bitcoin and Ethereum for payments.
Anatoly Aksakov, Chairman of the State Duma Committee on Financial Markets, said at a TASS press conference that cryptocurrency cannot be used in Russia for the payment of goods and…
