Crypto Updates

Russia in the Process of Regulating the Use of Stablecoins for Cross-Border Settlements

Russia in Process of Regulating Cross-Border Settlement Use Case for Stablecoins


Russia is considering adding the subject of stablecoins to an upcoming bill, allowing them to be used officially for completing cross-border payments. Alexey Guznov, Deputy Chairman of the Bank of Russia, declared that proposals have already been presented and the issue is now being discussed. The Ministry of Finance also confirmed that this is being […]

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