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Bank of Russia Eyes Stablecoins for Cross-Border Transactions

Leave a Comment / Alexey Guznov, Bank of Russia, Bitcoin, Central Bank, cross border, Crypto Hacked, crypto mining, Cryptocurrency, Digital Currencies, digital financial assets, Ethereum, Payments, qualified investors, Regulation, Regulatory Sandbox, Stablecoins / By / / Alexey Guznov, Bank of Russia, Central Bank, cross border, crypto mining, Digital Currencies, digital financial assets, Payments, qualified investors, Regulation, Regulatory Sandbox, Stablecoins

Bank of Russia Eyes Stablecoins for Cross-Border TransactionsThe Bank of Russia is exploring the use of stablecoins in cross-border transactions, considering them as digital financial assets (DFAs) under existing regulations if they have a responsible entity. The initiative may involve a limited group of qualified investors and would require testing for regulatory feasibility. Bank of Russia Explores Stablecoin Use for Cross-Border Transactions […]

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