Bank of Russia to Combat Money Laundering Through Cryptocurrencies

This will increase the number of participants in the experimental legal regime for organized trading in digital currencies

The payment was made through a POS terminal using a QR code

Self-imposed credit ban can be activated from March 1, 2025

The Bank of Russia excludes the use of cryptocurrency for domestic payments and investments

This approach will reduce banks' costs of creating infrastructure for monetary transactions

The number of complaints about the blocking of banking services due to suspicious transactions has increased in Russia

Digital rubles can be transferred by phone number, and purchases can be paid for using a QR code