Russia is set to commence trials for cryptocurrency exchanges and digital token payments on September 1, 2024. This initiative aims to alleviate payment difficulties arising from international sanctions imposed on the country. The trials will include the participation of the National Payment Card System.
If the tests are successful, they could pave the way for the establishment of official crypto trading platforms in Russia. This development is backed by recent legislation that legalizes crypto mining and related activities.
These trials are seen as a significant step towards integrating cryptocurrency into Russia's financial system and mitigating the impacts of sanctions on the country's economy.
