Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,416,006,022,487.09
  • 24h Vol: $58,938,025,365.36
  • BTC Dominance: 56.54%

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bank-of-russia-eyes-stablecoins-for-cross-border-transactions

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 / / / , , , , , , , , , , ,

The 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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china-backed-blockchain-project-proposes-swift-alternative-for-stablecoins-and-cbdcs

China-backed Blockchain Project Proposes SWIFT Alternative for Stablecoins and CBDCs

Leave a Comment / Alternative, Bank, banks, Bitcoin, Blockchain, Blockchain Project, CBDC, CBDCs, China, chinese, CIPs, cross border, Crypto Hacked, Cryptocurrency, Digital Currencies, Ethereum, Finance, foreign trade, Interbank, international, Payments, Red Date, Settlements, SPFS, Stablecoins, Swift / / / , , , , , , , , , , , , , , , , , , , , ,

The company developing China’s blockchain network wants to create a system for international settlements with stablecoins and state-issued digital currencies. The plan is to establish a platform facilitating the use of these two fiat-based digital assets in foreign trade. Company Behind China’s Blockchain Push Aims to Make Stablecoins and State Coins Interoperable Hong Kong-based Red

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