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The Central Bank of Russia suggests that businesses use cryptocurrency to cope with Western sanctions.

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Odaily
243Words
Jul 3, 2024

The Central Bank of Russia has suggested that companies consider using cryptocurrencies and digital assets as payment solutions to cope with Western sanctions. The Central Bank Governor, Elvira Nabiullina, stated that the Central Bank has a more open attitude towards the use of cryptocurrencies in international payments and mentioned the establishment of alternative global payment systems such as BRICS Bridge.

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