The head of Russia’s central bank recently discussed that using bitcoin and other cryptocurrencies for international settlement is a possibility.
“Our position is that cryptocurrency should not be used as a means of calculation within the country… As for use in international settlements, if it does not penetrate the Russian financial system, it is possible,” Nabiullina told reporters during the event.
Earlier in the event, before the remarks made by Nabiullina, First Deputy Chairman of the Central Bank Ksenia Yudaeva also stated that Russia did not object to the use of payments like bitcoin “in international transactions and international financial infrastructure.”
