Russia’s Rosbank Begins ‘Int’l Crypto Pay Pilot’ – Banks Joining Government’s Crypto Plan?

The Russian megabank Rosbank says it has launched a “cross-border crypto payments” pilot. Per RBC, Rosbank has become the “first major” Russian bank to launch cross-border payments services “in cryptocurrency.” The bank has teamed up with a local crypto firm named B-Crypto for its initiative. B-Crypto works as an “intermediary” by “buying cryptocurrency abroad” on behalf of importers before “transferring [coins] to foreign suppliers.”... Read More: Russia’s Rosbank Begins ‘Int’l Crypto Pay Pilot’ – Banks Joining Government’s Crypto Plan?