According to Anatoly Aksakov, the chairman of Russia's State Duma Committee on Financial Markets, crypto exchanges will be utilized for cross-border transactions to bypass international sanctions. Despite not being a government member, Aksakov's statement should be considered official. Russia's relationship with cryptocurrencies has been complex, with the central bank initially banning their use. However, the partial failure of China's digital yuan may have prompted Russia to reconsider their stance on cryptocurrencies. A new bill will be introduced to regulate the use of crypto exchanges for international cryptocurrency transactions, which are currently de facto prohibited.