in

Russia plans to allow cryptocurrency for international payments: Report

Disclaimer: A number of claims and counterclaims are being made about the Ukraine-Russia conflict on the ground and online. Although WION takes great care in accurately reporting this developing news, we cannot independently verify the authenticity of all statements, photos and videos.

The Russian Finance Ministry is considering allowing the use of cryptocurrency for international payments, Interfax news agency quoted a government official as saying on Friday (May 27).

Ivan Chebeskov, head of the financial policy department of the Ministry of Finance, said: “The idea of ​​using digital currencies in transactions for international settlements is actively discussed.”

READ ALSO | Western arms supply to Ukraine risks further destabilization, Putin warns

This is not the first time that such reports have been published. In March, Pavel Zavalny, chairman of the country’s Congressional Energy Committee, told a press conference that Moscow was willing to accept bitcoin for the export of its natural resources.

His comments came after Russia’s Vladimir Putin told “unfriendly” countries to pay for Russian gas in rubles. Zavalny said only “friendly” countries would have the bitcoin option.

The Vedomosti newspaper reported on Friday, citing government officials, that the finance ministry is considering adding the latest proposal on international payments to an updated version of a bill.

IN PHOTOS | Satellite images of the conflict in Ukraine show the devastation of the battle

According to Friday’s Interfax report, Chebeskov said: “If digital currency is recognized as property, in principle, within the framework of barter transactions with such digital currency, it will be possible to carry out operations on the foreign economic activity”.

“This topic is under discussion and, in my opinion, deserves attention, given that we have limited possibilities for settlement in the classic and traditional payment infrastructure,” Chebeskov added.

(With agency contributions)

sion

You can now write for sion5ews.com and be part of the community. Share your stories and opinions with us here.

.

What do you think?

343 Points
Upvote Downvote

Leave a Reply

Your email address will not be published.

GIPHY App Key not set. Please check settings

21-Year-Old Woman Virtually Raped and Harassed in Metaverse: Report

Deandra Dottin’s full show propels Supernovas to third IPL 2022 women’s title