Russian economy contemplates allowing crypto for international payments.
Due to the Western sanctions imposed on Russia because of the war, The Russian economy is now seeking to accept crypto as a form of international payments. According to Ivan Chebeskov (Director of the Department of Financial policy) in Russia, He said allowing crypto as a mode of international payments for trade would help counter the impact of Western sanctions, of which have limited Russians access to cross-border payment. On the other hand, the Central Bank of Argentina is opposing the existence of crypto activities in Russia,while the Finance Ministry is proposing the existence. While the government is in deliberation about the matter, before any decision is taken, the Central Bank and the Finance Ministry must come to a consensus about the matter, only then can a decision be made about
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