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Russia passes Bitcoin and shitcoins bill in first reading; permits use in foreign trade settlements

Summary by decrypt.co
The legislation would license crypto exchanges and permit cross-border cryptocurrency use while maintaining domestic payment restrictions.

9 Articles

The Russian State Duma has approved a new bill that bans the use of cryptocurrencies as a means of payment in the domestic market but allows them in foreign trade. Russia aims to regulate the cryptocurrency market and provide flexibility in international trade… Russia Makes Cryptocurrency a Foreign Trade Weapon: First Approval…

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The Block broke the news on Wednesday, April 22, 2026.
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