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While the Russian government is looking to adopt crypto for international payments, the Central Bank and Finance Ministry are yet to reach a consensus on crypto regulation.
Laboure believes the regulation of the crypto space will attract more adopters who will bring liquidity, which will, in turn, help mitigate volatility.
Senators Marco Rubio, Tom Cotton and Mike Braun sponsored a bill to prohibit companies to host software that supports payments in China's new CBDC, the eCNY
