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Putin approves crypto use in trade
Russian President Vladimir Putin has ratified a law that permits the use of cryptocurrencies in foreign trade contracts, including payments by both foreign and domestic companies, as well as the purchase of securities and digital assets generated from mining. The law aims to regulate this sector in a manner consistent with constitutional laws, economic interests, and security concerns, with the Central Bank of Russia overseeing its implementation. Additionally, the government can coordinate with relevant authorities to establish a specialized system for cryptocurrency trading.
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