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Alexander Stefanov

Russia rules out Bitcoin payments; ruble stays sole legal tender on 17 December 2025

On 17 December 2025, Russian authorities restated that cryptocurrencies cannot be used for domestic payments, and the ruble remains the sole legal medium of exchange. According to Anatoly Aksakov, chair of the State Duma's Financial Markets Committee, digital assets may be held and traded as investments but will not be treated as money within Russia.
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