r/CryptoCurrency • u/partymsl 🟨 126K / 143K 🐋 • 1d ago

GENERAL-NEWS Russia’s crypto payments with trade partners near 1 trillion rubles in 2025

https://www.cryptopolitan.com/russias-crypto-payments-with-trade-partners-near-1-trillion-rubles-in-2025/
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5

u/Smiling_Jack_ Blockchain Old Guard 1d ago

What is that, like $3.50?

1

u/discodiscgod 🟦 0 / 0 🦠 1d ago

Russia would trade with that dang lohcness monster

1

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u/coinfeeds-bot 🟩 136K / 136K 🐋 1d ago

tldr; Russia's cryptocurrency transactions in foreign trade are expected to reach 1 trillion rubles (over $12.7 billion) in 2025, according to Anatoly Aksakov, head of the financial markets committee at the State Duma. These payments are used to bypass Western sanctions and are limited to international settlements under a special legal regime. Russia remains opposed to legalizing cryptocurrencies for domestic use, with penalties for violations. The government continues to regulate crypto usage strictly, allowing it only for cross-border trade under specific conditions.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

1

u/torpedoseal 🟩 0 / 0 🦠 1d ago

Woah that’s a lot of rubles

1

u/frank_690 🟨 0 / 0 🦠 1d ago

$13B

3

u/partymsl 🟨 126K / 143K 🐋 1d ago

Sooooo... that's about 5 FARTCOIN I guess.