As Anatoly Aksakov, head of the State Duma Committee on the Financial Market, said, a bill on the use of crypto-assets for international trade is planned to be submitted to Parliament in April.

According to the deputy, it is still unclear which cryptocurrency will become the main one for settlements with foreign counterparties. At the same time, Aksakov did not rule out that it could be Bitcoin, but most likely one of the stablecoins will be chosen. The experiment on the use of digital assets for international trade should last two years.

“Then it will become clear how it works, whether it carries risks for our financial system, how conscientiously those who will be included in the experiment work, not everyone will have access to such work – this is not a mass phenomenon, but by decision of the authorized body,” explained Aksakov.

It should be noted that the head of the Bank of Russia, Elvira Nabiullina, calls for the speedy adoption of cryptocurrency regulations for foreign economic activity. This will allow the Central Bank of the Russian Federation to work out their application.

Earlier, Nabiullina said that negotiations are underway with banks of friendly countries on the use of digital rubles for cross-border payments.