Regulation· ★★★· bullish·

Russia's central bank: non-custodial wallet curbs won't apply to cross-border settlements

  • —Non-custodial wallet restrictions will not cover international settlements
  • —The statement came from First Deputy Governor Vladimir Chistyukhin
  • —It concerns Russia's pending crypto bill
Why it matters: The signal is that Russia will keep a legal channel for cross-border crypto payments, which matters for exporters and crypto service providers.
Source: PANews
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