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Russia unlikely to choose Bitcoin for cross-border crypto payments: Analysis

2022.09.29 09:12

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Russia unlikely to choose Bitcoin for cross-border crypto payments: Analysis

Despite Russia pushing the idea of using cryptocurrencies for cross-border payments, it still remains unclear what digital asset exactly the government plans to adopt for such transactions.

Russian authorities are quite unlikely to approve the use of cryptocurrencies like (BTC) for cross-border transactions, according to local lawyers and fintech executives.

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