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Select Group of Russian Firms Authorized to Use Crypto for Chinese Imports Amid Sanctions

Moussa by Moussa
September 29, 2024
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Select Group of Russian Firms Authorized to Use Crypto for Chinese Imports Amid Sanctions
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Select Group of Russian Firms Authorized to Use Crypto for Chinese Imports Amid SanctionsA select group of Russian companies, including electronics producers and financial institutions, has received approval to use cryptocurrencies for Chinese imports under a pilot legal framework. Overseen by Russia’s central bank and the Ministry of Finance, this initiative targets firms handling dual-use products and facing challenges with international payments, particularly with China. Russian Firms Explore […]



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