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The Russian ETE Group petitions the government to establish an international legal framework for Crypto Assets settlement.
According to the Gate.io News bot, as reported by Cryptonews, Russia’s large logistics company ETE Group submitted a petition to Prime Minister Mishustin, requesting the establishment of a legal framework for enterprises to use Crypto Assets for international Settlement.
The petition proposes to amend the “Civil Code”, “Tax Code”, and related foreign exchange regulatory laws to provide legal status for Crypto Assets, and to establish standard procedures for their issuance, circulation, and accounting treatment.
ETE Group data shows that starting in 2024, the demand for Crypto Assets payments from Russian enterprises will increase by approximately 40%.