The measure allows cryptocurrency to be used in cross-border trade payments, marking a policy shift toward digital assets in international commerce.
Russia has legalized the use of cryptocurrency for international trade settlements, according to the provided report headline. The move indicates that digital assets can be used for cross-border payments tied to trade activity. In practical terms, crypto-based settlement can offer an alternative payment rail for international transactions, where blockchain networks process transfers directly between parties without relying solely on traditional banking infrastructure. The source provided does not include additional details such as the legal mechanism, implementation date, or which cryptocurrencies are covered.