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RUSSIA CONSIDERS USING CRYPTO FOR INTERNATIONAL PAYMENTS.

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The idea of using digital currencies in transactions for international settlements is being actively discussed said Ivan Chebeskov, head of the finance ministry’s financial policy department. Following Russian invasion of Ukraine, Russia has  been considering using cryptocurrency as a  means  of making international payments the idea is being discussed . This discussions have been going on for a while but there is no conclusion on this choices.  This move is a  means to counter the sanctions put on Russia by the West. When this would  happen cannot be foretold.

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