Key Points
- The lower house of the Russian Parliament will consider a law that permits making international payments via cryptocurrencies, Russia’s central bank governor Elvira Nabiullina said Tuesday.
- Russia’s central bank is also itself looking to move money across borders using crypto before the end of 2024, Nabiullina said.
- The U.S. and its allies have imposed innumerable sanctions on Russian individuals and entities in retaliation to its assault on Ukraine.
