The DOJ has charged the exchange with facilitating more than $700 million in illicit transactions tied to Russia, money laundering and criminal activity.
A director for Russia’s Ministry of Finance stated the country is seeking a non-restrictive policy for using bitcoin and crypto in international trade.
The two regulators have agreed on a draft bill saying that using bitcoin and cryptocurrencies is necessary for international trade amid the current climate.
A Russian news agency reported multiple government officials deliberating on accepting bitcoin and some crypto currencies as payment for international trade in 2023.