Bank of Russia is open to using crypto for international settlements and changes stance on crypto mining

Bank of Russia is not opposed to using cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) for international payments. The monetary authority also hinted that its reconsidering its position on crypto mining, which could signal a possible relaxation of its anti-crypto stance. Ksenia Yudayeva, First Deputy Governor of the Central Bank of the Russian Federation, stated the banks position on the potential use of crypto for international settlements. In principle, we do not object to the use of cryptocurrency in international transactions, the bank official said, Reuters reported. While...



source: https://tokenpost.com/Bank-of-Russia-is-open-to-using-crypto-for-international-settlements-and-changes-stance-on-crypto-mining-9631

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