INSUBCONTINENT EXCLUSIVE:
dollar to settle international trade deals.After initially rejecting the idea of cryptocurrencies, the famously conservative Russian Central
hit by secondary sanctions.The Kremlin has been hunting for alternative payment means, but even the switch to the Chinese yuan has proven
The Central Bank acknowledged last year that sanctions-related payment delays had become a significant challenge for the economy.This week,
President Donald Trump allowed the expiration of the U.S
Russian energy resources through sanctioned Russian banks.Depending on further sanction developments this could further complicate
However, analysts say the appearance of the cryptocurrency is still several years away.This article first appeared in bne IntelliNews.
