Bank of Russia Governor Nabiullina: First International Payments with Cryptocurrency Possible by Year-End: Reuters
**Central Bank of Russia Governor Nabiullina: First International Payments with Cryptocurrency Could be Possible by Year-End**
In an interview with Reuters, Elvira Nabiullina, the Governor of the Central Bank of Russia, announced that the first international payments using cryptocurrency might be possible by the end of the year. This groundbreaking development indicates that Russia is moving closer to integrating cryptocurrency within its financial systems for cross-border transactions. The potential for cryptocurrency use in international payments could signify a major shift in Russia’s approach to digital assets, aligning with global trends towards the adoption of blockchain technologies. Nabiullina’s statement comes amid ongoing discussions and regulatory considerations around the role of cryptocurrencies in the global economy.
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