Russia Maintains Ruble as Sole Payment Currency, Limits Cryptocurrency Use

According to Foresight News, Anatoly Aksakov, Chairman of the Financial Markets Committee of the Russian State Duma, stated that payments within Russia must be conducted using the ruble. He emphasized that cryptocurrencies like Bitcoin and Ethereum will never be recognized as official currency in Russia and can only be used as investment tools. The legislative body supports the central bank's stance against the use of cryptocurrencies for payments by individuals and businesses.