Sergey Lavrov: Cryptocurrencies will take an important place in international settlements

Cryptocurrencies will eventually begin to be actively used in international settlements, said Russian Foreign Minister Sergei Lavrov. This is reported by TASS.

 

“I think the time will inevitably come when cryptocurrencies will play a very significant role, occupy a very significant segment in international settlements,” the Foreign Minister said.

 

He also noted that Russia is not going to completely abandon the use of the dollar, although it aims to de-dollarize the economy.

Earlier, the Foreign Ministry admitted that an alternative to the SWIFT cross-border payment system may appear in Russia, which is due to the “rapid development of digital currencies and blockchain.”

The Bank of Russia believes that digital currencies of central banks can compete with SWIFT.

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