Russia To Launch New Cryptocurrency Trial for Cross-Border Payments To Overcome Sanctions: Report

Russia is reportedly gearing up to launch a new crypto-based cross-border payments system in an effort to overcome economic sanctions. Bloomberg reports that the Russian government wants to use digital tokens for cross-border transactions to help ease payment difficulties for its companies that have been affected by international sanctions placed on the country. According to […] source: https://dailyhodl.com/2024/08/26/russia-to-launch-new-cryptocurrency-trial-for-cross-border-payments-to-overcome-sanctions-report/