Russia bans crypto payments domestically but allows them for international settlements
- —Domestic crypto payments remain banned in Russia
- —International settlements in digital assets are allowed on an experimental basis
- —Digital ruble: 87,000 accounts and 50,000 transactions in 10 days
- —Unqualified investors are limited to 300,000 rubles per year per intermediary
Why it matters: Russia is building a two-track model: crypto for external settlements to bypass sanctions, and the digital ruble for domestic control.
Source: Cointribune