Putin pitches crypto payments to Africa as a way around the dollar
- —Putin said blocking crypto transactions is "simply impossible"
- —The Russia-Africa Summit was held in Moscow on October 28-29
- —Russia's digital currency law entered into force on September 1, 2026
- —Finance Ministry put crypto's share of foreign trade at 1-3%
Why it matters: Russia is promoting crypto as a sanctions workaround, raising pressure on regulators to tighten oversight of cross-border crypto payments.
Source: Cryptopolitan