Russia Legalizes Crypto for Foreign Trade, Creating Potential Market Impact

Russia has taken a major step towards integrating cryptocurrency into its financial system by authorizing cryptocurrencies for foreign trade transactions. The move was announced in October 2025 by the Ministry of Finance and Central Bank of Russia, which will establish a state-managed exchange for qualified investors, according to Finance Minister Anton Siluanov. This integration has the potential to influence global Bitcoin and Ethereum trading volumes.