Russia confirms plans to use ‘Evil Crypto’ in foreign trade

be helpful in international agreements.

However, they agreed “it is impossible to do without cross-border settlements in cryptocurrency,” as Moiseev revealed in September of last year because sanctions pressure on Russia increased as a result of its invasion of Ukraine.

“Of course, crypto is generally evil. I believe that people who invest their savings there take a very big risk … But there may be individual situations in which crypto can be used,” Moiseev noted.

The actions of Russian international commerce, which are currently constrained by Western sanctions, were explicitly mentioned by Moiseev.

He also recalled that the State Duma, the Russian parliament’s lower chamber, is still debating a draft bill intended to control this issue