Elvira Nabiullina called for the rapid adoption of a law on international cryptocurrency payments. The head of the Central Bank recalled that the regulator agrees with the use of digital currencies in such calculations and noted the need to introduce an experimental regime at the initial stage of its implementation.
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The president of the Central Bank, Elvira Nabiullina, highlighted the need to quickly approve a bill on the use of cryptocurrencies in international payments. She announced this at a meeting of the State Duma committee.
Nabiullina emphasized that the regulator agrees with the use of digital currencies for foreign economic agreements, but the initial stage of implementation of this system must take place within the framework of an experimental legal regime.
The head of the Central Bank also announced the regulator’s plans to expand the digital ruble pilot; Its scale will be carried out based on the results of the pilot no earlier than 2025.
The President of the Russian Federation signed a law on the use of digital financial assets in international payments in March 2024. The document defines the procedure for carrying out transactions using such assets.
Author:
Kirill Bilyk
Source: RB
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