The experiment involves the creation of focus groups consisting of importers, representatives of the Chamber of Commerce and Industry, and the Electronics Developers Association. They will be subject to inspections during cryptocurrency transactions, according to a law signed in August 2024. These Russian companies have encountered problems transferring money to banks in China and other countries.
Activities should identify all issues related to cross-border payments in cryptocurrencies, as these transactions are transparent and funds can be easily tracked. Therefore, circumventing sanctions in crypto payments is quite problematic.
Source: Ferra
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