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Russia Just Made Bitcoin Legal!!Russian press reports say the law will allow both digital financial assets (DFA) and cryptocurrencies to be used only for cross border payments. So far, Russia's crypto status has been controversial. The country has neither fully legalized cryptocurrencies nor has it outright banned them. The closest the. Crypto trading and payments inside Russia will still be banned, added Naiullina. bitcoin. CoinDesk operates as an independent subsidiary, and.