Russian State Duma Approves Law Allowing International Cryptocurrency Payments and Exchange Transactions Starting September 1, 2024

**Russian Parliament Approves Law Allowing International Crypto Payments and Exchanges Starting September 1, 2024**

The State Duma of Russia has officially passed a groundbreaking law permitting the use of cryptocurrencies for international payments and exchange transactions. This new regulation is set to take effect on September 1, 2024, marking a significant shift in the country’s stance on digital currencies. The law’s passage underscores Russia’s growing recognition of cryptocurrencies’ potential to facilitate global trade and finance. Crypto enthusiasts and businesses worldwide are closely monitoring this development, anticipating its impact on the broader blockchain and financial ecosystem.