Russia’s Central Bank Approves Crypto Law Revisions: Report

The first deputy governor of the Russian Central Bank, Ksenia Yudaeva, said on Tuesday that the bank is ready to use cryptocurrencies for international payments, according to Reuters. mentioned, along with Russian media, which added that the bank is also reconsidering its stance on cryptocurrency mining. Yudaeva was quoted as saying:

Trapped between announcements about the regulation of local banks, the bank official’s statement appears to be a concession to lawmakers preparing a new version of the digital currency law. Business newspaper Vedomosti reported that the Ministry of Finance open The bill is in a debate organized by the United Russia party on Frida.

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