According to Bits Media, Boris Titov, the Russian Presidential Special Representative for International Organizations and Presidential Advisor, stated in an interview that cross-border payment systems anchored to cryptocurrencies are highly efficient and reliable. Titov pointed out that, against the backdrop of Western countries continuously blocking traditional financial settlement channels, digital assets have almost become the only viable option for settlements between Russia and its partners in Asia and other countries. Given the ongoing geopolitical situation, the demand for using cryptocurrencies to pay for imported goods will remain highly relevant and urgent over the next two to three years. Previously, Russia's new national regulatory law on cryptocurrencies officially came into effect on September 1. https://www.(wublock123.com)/news/news-68058