(Dinarian Note: Do you see the narrative building? The powers that be are setting the stage for control over Bitcoin and cryptocurrencies. They want "ONE WORLD CURRENCY", controlled by "ONE WORLD GOVERNMENT". Bitcoin and other cryptocurrencies are a threat to that. So let the AGENDA continue, enjoy the show... I bet you never thought a few years back, that this is how "THE GREAT RESET, would play out! I didnt..)
The Russian Ministry of Finance and its central bank have agreed on a draft bill allowing bitcoin and cryptocurrency payments for international trade settlements,Ā per a report from Russian news outletĀ Tass.
The bill āas a whole writes out how cryptocurrency can be purchased, what can be done with it, and how cross-border settlements can or cannot be made," said Deputy Finance Minister Alexei Moiseev.
The agreement follows a previousĀ reportĀ in which Moiseev stated it was impossible for Russia to conduct international trade without the use of bitcoin and cryptocurrencies due to current circumstances concerning sanctions.
However,Ā the Bank of Russia still opposes the legalization of cryptocurrency exchanges and settlements in cryptocurrencies within Russia, per the report.
The central bankās sentiment continues to illustrate the divergence of opinion between regulators and government officials in Russia.(SOUND FAMILIAR?)
As previously reported by Bitcoin Magazine, the initialĀ billĀ proposing a framework for digital assets was presented earlier this year by the Russian government which encouraged a ban on bitcoin mining. However, the Ministry of Finance rebutted with aĀ billĀ of its own which only called for stricter regulation of the space. President Vladimir Putin thenĀ announcedĀ his support for the Ministryās bill citing Russiaās competitive advantage with natural resources.
Since then, the Minister of Energy and the Federal Tax service haveĀ commentedĀ on how bitcoin can help small businesses or alluded to interdepartmental conversations on the matter of international trade.
Ivan Chebeskov, director of the financial stability market for theĀ Russian Ministry of FinanceĀ previously explained that there are many more ālike-minded peopleā on the matter.
āAlso, I know that there are deputies in the State Duma who are actively engaged in this topic, perhaps it will be their initiative,āĀ Chebeskov explained.Ā