Russia's parliament passes new law to legalize cryptocurrency for international payments

BlockBeats news, July 30, according to RIA Novosti, the Russian parliament's lower house, the State Duma, passed the Digital Currency Cross-Border Payment Law today, which allows the use of cryptocurrencies for settlement within the framework of the experimental system.

Elvira Nabiullina, Governor of the Central Bank of Russia, said that she is already discussing the terms of the trial with various ministries and companies, and the first payments are expected to be made before the end of this year.