Russia Developing Payment Gateways With Partners Like Turkey, Mulling Crypto Settlements – Finance Bitcoin News

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Russia “actively working” with Turkey on new payment gateways.

Russia’s monetary authority would also allow the experimental use of cryptocurrencies in foreign economic activities, its head was quoted as saying.The Central Bank of Russia is developing payment gateways with foreign payment systems and is actively working with Turkey in this area, Governor Elvira Nabiullina said at a meeting with lawmakers in the State Duma, the lower house of Russian parliament.

During that month, Turkish banks also quit processing payments with Mir after a U.S. warning that financial institutions working with CBR’s National Card Payment System, the Mir operator, risk being involved in circumventing Russia sanctions. At the time, Turkish media reported that President Recep Tayyip Erdogan had“We have built a system of gateways between our payment systems so that we can pay.

 

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Who wants to have any dealings with Russia at all in 2023?

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