The Governor of the Central Bank of Russia speaks about cryptocurrency payments and the expansion of the digital ruble. Russian Minister of Trade Elvira Nabiullina addresses WTO delegates at the ceremony of Russia's accession to the WTO. Important American photo by Eric Breidiers, source: Flickr. Russian companies are interested in cryptocurrency payments for foreign trade deals, and the head of the Russian monetary authority has acknowledged this. The governor also admitted that Russian companies are already attempting international settlements with digital assets. Data follows reports that Russia and China are using Bitcoin to settle some of their energy deals. In an annual speech to Parliament, the Governor of the Central Bank of Russia also revealed plans to significantly expand the ongoing experiments with the digital ruble in Russia. The Bank of Russia is helping companies to circumvent sanctions. The sanctions imposed on the Russian Federation due to its invasion of Ukraine "significantly complicate cross-border payments," stated the Governor of the Central Bank of Russia (CBR) Elvira Nabiullina, who acknowledged this in a speech at the State Duma, the lower house of the Russian Parliament. In her speech to lawmakers during a general session dedicated to reviewing the CBR's annual report for 2024, Nabiullina also noted that the CBR is working with Russian companies to find solutions and claimed that it has largely succeeded in this. #nabiullina #CBRnews #NewsBitcoin $BTC