2022-9-7 22:57 |
Russia is considering stablecoins as an option for cross-border settlements, according to the country’s finance minister. Russia Could Use Stablecoins Russia could use stablecoins for international settlements. On September 6,... origin »
|
Deputy Finance Minister Alexey Moiseyev has confirmed that Russia is working with crypto-friendly countries to facilitate cross-border payments using stablecoins as sanctions from U. S and United Kingdom mount, local news TASS reported on September 6.
2022-9-7 22:23 | |
|
|
A representative of the Central Bank of Russia (CBR) said private stablecoins are fraught with risks as the underlying pool of assets “does not belong to the owner. ” In turn, this potentially means face value redemptions are not guaranteed.
2022-7-15 18:00 | |
|
|
Russia's central bank sees the digital ruble as the only technological payment option to support.
2022-7-13 12:09 | |
|
|
Russia’s invasion of Ukraine rattled markets. Stablecoins seem to be soaring with the current risk-off sentiment. Gold peaked at 15-month highs as investors turn their eyes to the age-long asset class.
2022-3-11 15:10 | |
|
|
How stocks correlation, Grayscale, Russia, stablecoins, rate hikes and more are impacting the bitcoin price today.
2022-3-8 06:30 | |
|
|
The Central Bank of Russia (CBR) maintains this stance despite the present economic downturn.
2022-3-7 18:09 | |
|
|
Russia plans to stop all unregulated crypto activities within the country. But the CBR will accept compliant cryptocurrency investment in stablecoins that can be backed by gold reserves to compete against the US Dollar.
2022-1-25 23:39 | |
|
|
The acceptance and use of cryptocurrency in various countries around the world continue to be a controversial topic and such is the case in Russia. Russia’s Central Bank plans on placing a limit The post Bank of Russia limits use of stablecoins in settlements appeared first on AMBCrypto.
2021-4-3 15:30 | |
|
|
Russia wants to follow China’s approach of banning private stablecoins pegged to its national fiat currency.
2020-12-2 13:04 | |
|
|
With China's advancement in the digital currency space and state-backed stablecoin, other countries are not particularly laying low in this matter. Russia is another country that has been prominent inThe post Russia's regulatory 'sandbox' tests stablecoins appeared first on AMBCrypto.
2019-12-27 01:30 | |
|
|
Russia’s central bank starts testing stablecoins and doesn’t assume that they will act as a payment method and become a substitute of money
2019-12-27 19:09 | |
|
|
According to recent reports, the Bank of Russia has started using a regulatory sandbox to test the performance of stablecoins. Russia Warming to Stablecoins Russia’s stance towards cryptocurrencies has always been questionable, with the country’s intentions and goals never being fully known to anyone.
2019-12-26 16:45 | |
|
|
The Bank of Russia has put out a statement saying it is against any ‘monetary substitutes. ’ That being said, the bank is currently actively studying stablecoins planned by various national governments.
2019-11-8 00:32 | |
|
|
Cryptocurrency adoption has seen a significant boost in 2019, where major financial institutions like Wells Fargo, JP Morgan, and ING have either tested their stablecoin or are pondering over launching one.
2019-10-6 00:16 | |
|
|
The Financial Services Agency of Japan has resolved to refer to cryptocurrencies as “crypto assets” in order to prevent confusion with legal tender. Also in The Daily, the Justice Ministry in Moscow has confirmed that it classifies digital coins as “other property.
2018-12-15 17:15 | |
|
|
Anatoly Aksakov, the chairman of Russia’s State Duma Committee on Financial Markets, has affirmed that a state-backed stablecoin would necessarily be the equivalent to a digital fiat currency in digital space that would be state-operated.
2018-12-4 11:00 | |
|
|
CNN is leaning into live prediction markets with Kalshi.
Russia’s crypto strategy may move from shadow use to state-regulated access as pressure from global sanctions mounts.
UPay, a global crypto payment card provider, has entered a strategic partnership with StraitsX, a Singapore-based stablecoin-native settlement layer, aiming to build foundational financial infrastructure that supports everyday stablecoin payments worldwide.
Stablecoins will be officially recognised as a payment method starting January 1, 2026, in Uzbekistan as part of a broader effort to modernise the country’s financial landscape. Sandbox to test stablecoins and tokenised assets The Uzbekistan government has established a regulatory sandbox under the supervision of the National Agency for Perspective Projects, working closely with […]
With the legal framework still undecided, banks and tech firms are quietly laying the foundation for South Korea’s stablecoin future.
Klarna, the Sweden-based digital bank and payments provider popular for its “buy now, pay later” product, is making a foray into the stablecoin market. The company announced on Tuesday, that it was launching its own stablecoin dubbed KlarnaUSD, a US dollar-pegged stablecoin it plans to tap into to bolster its traction across the cross-border payments […]
Paxos has taken its next step in multi-chain stablecoin infrastructure with a targeted launch across key networks. Paxos has named three fast-rising networks as the first venues for its new omnichain stablecoin, setting the stage for regulated liquidity across multiple…