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.”…
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