🇷🇺 Russia: Crypto Will NEVER Be Legal Payment

A top Russian lawmaker just made it crystal clear: #Bitcoin and #crypto will never be accepted as payment for goods and services in Russia.

Anatoly Aksakov, Chairman of the State Duma's Financial Markets Committee, told TASS:

"Cryptocurrencies will never become money in Russia. They can only be used as an investment instrument."

Key points:

→ All domestic payments must be in rubles only

→ Crypto allowed strictly as investment assets

→ This aligns with Russia's 2020 law banning crypto payments

→ However, crypto IS permitted for international trade (to bypass sanctions)

Russia continues walking a fine line, Embracing crypto for cross-border deals while keeping it firmly out of everyday transactions.