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Russian Experts: 2024 Will Be a Big Year for Cross-border Crypto, CBDC Payments
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Russian legal and tech experts think that 2024 will mark a turning point for the use of crypto and CBDCs like the digital ruble in cross-border payments.
Per RBC, Andrey Tugarin, the head of the law firm GMT Legal , said:
“The main trend to look out for in 2024 will be the use of digital assets to make cross-border payments.”
Tugarin noted that the term “digital assets” in Russia “includes not only cryptoassets, but also digital financial assets and the digital ruble.”
The legal expert noted that “by the end of 2023,” several Russian projects had “appeared,” with many “ready to provide technical solutions for making cross-border payments using cryptocurrency.”
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