Russia relies on Bitcoin for international trade in 2023 – Bitcoin Magazine

Russia may start accepting bitcoin and some cryptocurrencies as payment for international trade in 2023, according to a report from the local media company. Izvestia.

The announcement of a timeline for using the alternative payment method for cross-border payments comes a week after the Russian Central Bank and the Ministry of Finance agreed that the move would be necessary.

Ivan Chebeskov, director of the financial stability market for the Russian Finance Ministry, was cited in the Izvestia report as the source of the chronology, confirmed by Anatoly Aksakov, head of the State Duma Committee, Russia’s legislative governing body.

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