Russian IT Firms Lobby for Crypto Payments in Software Exports

Russian IT Firms Lobby for Crypto Payments in Software Exports


Companies developing software solutions for foreign customers are urging Russian authorities to allow them to accept crypto payments. The proposal is part of a package of measures aimed at supporting IT exports suggested by an industry organization to the executive power in Moscow.

IT Businesses Call on Russian Government to Permit Cross-Border Crypto Settlements

Russian companies from the information technology (IT) sector want to be allowed to make and accept crypto payments when working for clients outside Russia. That’s according to a roadmap prepared by Russoft, the association of Russian software developers, and sent to the Ministry of Digital Development, Communications and Mass Media.

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The industry organization insists that in order to alleviate the effect of financial restrictions and lower costs, alternative payment solutions are

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