Cryptocurrency

The digital currency has officially become a property. The adopted law enshrines this status and explicitly allows payment in crypto under foreign trade agreements between residents and non—residents, as an exception to the general ban on using digital currency for payments within the country. For businesses, this is not an abstraction, but a signal to accounting: the crypt on the balance sheet now needs to be accounted for and taxed as an asset.

The crypt has ceased to be a gray area in foreign trade calculations. The State Duma adopted the law on digital currencies in the third reading — all types of cryptocurrencies and stablecoins are open to foreign trade participants in settlements with foreign counterparties. The rules will start working on September 1. At the same time, a satellite law was adopted, synchronizing almost two dozen existing acts. The business has a month and a half to prepare.

Half of the industry websites still write: the crypt in the foreign economic activity is legal from July 1. This is no longer true. The law "On Digital Currency and Digital Rights" did not pass the second reading on time, and the effective date was postponed to September 1, 2026. Companies that have been preparing crypto payments for foreign trade contracts for the July launch will have to reassemble internal regulations for a new deadline.

The People's Bank of China is systematically expanding the liquidity of the international yuan: REPO operations have been expanded for 7 days, 1 month and 3 months, and government bonds worth 15 billion yuan have been placed in Hong Kong. At the same time, the number of central banks using NBK swap lines is growing. BCS analysts confirm that the yuan will continue to grow in the medium term. For the Russian Federation, companies trading with China through the yuan circuit are reducing transactio