Focus Russia to allow crypto for cross-border payments while China expands smart contracts on its e-CNY [(Kitco News)](/) – Russia’s central bank announced Monday that it has agreed with the finance ministry to legalize the use of cryptocurrencies for cross-border payments. The central bank has been seriously rethinking its approach to regulating the crypto industry, and this latest development is an admission that crypto payments are inevitable based on current geopolitical conditions. According to Alexi Moiseev, the country’s deputy finance minister, many Russians rely on foreign platforms to open a crypto wallet, and that is something that needs to be…