The chairman of the Bank of Russia Elvira Nabiullina at a meeting of the State Duma spoke about the interest of companies in cryptocurrency calculations as part of the so -called experimental legal regime.

The Central Bank fixes the growing interest of business representatives in the state -approved digital financial assets (CFP) and international cryptocurrencies as alternative channels for cross -border payments, Nabiullina said. According to her, international sanctions complicating cross -border calculations did not stop import and export due to the flexibility of the financial system and two -year preparations for restrictions. The business is actively looking for ways to reduce costs, the official explained.

Nabiullina said that in parallel the Central Bank plans to expand the experiment with a digital ruble, which by the end of the year can cover tens of thousands of participants, allowing the national payment infrastructure. All these steps maintain the stability of the Russian economic system “in conditions of external pressure” and contribute to the development of innovative financial instruments, says the head of the Central Bank.

Earlier, Elvira Nabiullina, speaking at a meeting of the State Duma, said that the Central Bank was not against the admission of investors to cryptocurrencies, but categorically against the penetration of cryptocurrencies into internal monetary circulation.