Official: Russia will use crypto exchanges for international transactions

Yesterday, the chairman of Russia’s State Duma Committee on Financial Markets, Anatoly Aksakov, confirmed that crypto exchanges will be used to conclude cross-border transactions, thus circumventing restrictions due to international sanctions.  Although Aksakov is not technically a member of the government, he is nonetheless fully embedded in the state regime, so his words should be considered official, though not final.  Russia and crypto Russia’s relationship with cryptocurrencies has been complicated over time.  At first they seemed to want to tolerate Russian citizens using them, partly because the country has perfect conditions for Bitcoin mining, for example.  Later, however, the country’s