Russia Draws Firm Line on Digital Assets, Keeping Crypto Out of Domestic Payments

Russia has reiterated its firm stance on crypto, drawing a clear distinction between digital assets and traditional currency. While global debate continues over whether crypto can coexist with national currencies, Russian lawmakers are reinforcing a long-held view. Related Reading: Bitcoin ‘Death Cross’ Panic Returns: History Says It’s A Late Signal Inside the country, payments remain the sole domain of the ruble. The position comes as crypto usage grows worldwide and as Russia experiments with alternative settlement tools for cross-border trade under pressure from sanctions. At the center of the latest comments is Anatoly Aksakov, chair of the State Duma Committee on Financial Markets and a key figure behind Russia’s crypto legislation. Speaking to state media, Aksakov said there is no ambiguity in the law. BTC’s price records some gains on the daily chart. Source: BTCUSD on Tradingview Lawmakers Reinforce Ruble-only Payment Rule In Russia, cryptocurrencies such as Bitcoin and Ethereu