The post Russia Moves to Legalize Crypto for Foreign Trade appeared on BitcoinEthereumNews.com. Key Points: Russia’s Ministry of Finance and Central Bank legalize crypto for foreign trade use. State-managed exchange for qualified investors announced. Potential impacts on Bitcoin and Ethereum markets, regulatory oversight stressed. The Russian Ministry of Finance and Central Bank have authorized cryptocurrency use for foreign trade payments, announced by Finance Minister Anton Siluanov on October 21, 2025. This decision enhances economic efficiency by integrating regulated crypto transactions, potentially impacting Bitcoin and Ethereum trade volumes globally. Russia’s Cryptocurrency Legalization: Strategic and Economic Implications Russia’s Ministry of Finance and Central Bank have formalized their agreement to leverage cryptocurrencies in foreign trade, driven by the need for enhanced economic efficiency. The finance sector’s regulatory framework will be integrated with crypto-specific legislation, aiming to manage and organize this burgeoning sector. “We believe that this area should be legalized, should receive legislative regulation of this area of activity. And thus, together with Rosfinmonitoring and the control services, we will be able to ensure and restore order in this sector,” said Anton Siluanov, Minister of Finance, Russian Federation. Introduction of this policy marks a shift in Russia’s financial strategy. By enabling digital currency for international transactions through a state-regulated crypto exchange, authorities seek to legalize and regulate the sector. Eligible participants must meet stringent investor criteria under this experimental legal framework. Government statements emphasized institutional participation over retail access. Elvira Nabiullina from the Central Bank reaffirmed support solely within a controlled environment. While no immediate investor reactions are noted, expert circles remain attentive to long-term market transformations. Global Market Reactions and Historical Crypto Strategies Did you know? The Russian strategy parallels prior methods used by countries like Iran and Venezuela. This approach could help bypass international financial barriers, reflecting a broader trend of national digital currency adoption. Bitcoin, with a current price of $108,261.90 and a… The post Russia Moves to Legalize Crypto for Foreign Trade appeared on BitcoinEthereumNews.com. Key Points: Russia’s Ministry of Finance and Central Bank legalize crypto for foreign trade use. State-managed exchange for qualified investors announced. Potential impacts on Bitcoin and Ethereum markets, regulatory oversight stressed. The Russian Ministry of Finance and Central Bank have authorized cryptocurrency use for foreign trade payments, announced by Finance Minister Anton Siluanov on October 21, 2025. This decision enhances economic efficiency by integrating regulated crypto transactions, potentially impacting Bitcoin and Ethereum trade volumes globally. Russia’s Cryptocurrency Legalization: Strategic and Economic Implications Russia’s Ministry of Finance and Central Bank have formalized their agreement to leverage cryptocurrencies in foreign trade, driven by the need for enhanced economic efficiency. The finance sector’s regulatory framework will be integrated with crypto-specific legislation, aiming to manage and organize this burgeoning sector. “We believe that this area should be legalized, should receive legislative regulation of this area of activity. And thus, together with Rosfinmonitoring and the control services, we will be able to ensure and restore order in this sector,” said Anton Siluanov, Minister of Finance, Russian Federation. Introduction of this policy marks a shift in Russia’s financial strategy. By enabling digital currency for international transactions through a state-regulated crypto exchange, authorities seek to legalize and regulate the sector. Eligible participants must meet stringent investor criteria under this experimental legal framework. Government statements emphasized institutional participation over retail access. Elvira Nabiullina from the Central Bank reaffirmed support solely within a controlled environment. While no immediate investor reactions are noted, expert circles remain attentive to long-term market transformations. Global Market Reactions and Historical Crypto Strategies Did you know? The Russian strategy parallels prior methods used by countries like Iran and Venezuela. This approach could help bypass international financial barriers, reflecting a broader trend of national digital currency adoption. Bitcoin, with a current price of $108,261.90 and a…