Russian lawmakers draft amendments to allow cryptocurrency payments in contracts

Members of the Russian State Duma are currently drafting amendments that would allow the use of cryptocurrencies as a means of payment in contracts. Under Russian law, digital financial assets are considered property, and this change would legalize crypto payments between contracting parties. The bill is subject to further review, but according to Pavel Krasheninnikov, chairman of the legislative committee, all parties have reached a consensus on the issue.