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Russia's regulators are working to legalize the use of cryptocurrency in foreign trade.

Russian officials are now focusing on the settlement process for cryptocurrency payments made in international trade. The creation of domestic infrastructure for trading in digital assets is covered under the "On Digital Currency" bill, which was originally proposed by the finance ministry earlier this year and altered with input from other agencies. According to Rosfinmonitoring, businesses that conduct exchange operations using digital money should be subject to regulation.
 

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