Bank of Russia Eyes Stablecoins for Cross-Border Transactions

Publikováno: 27.8.2024

#Regulation #Alexey Guznov #Bank of Russia #Central Bank #cross border #crypto mining #Digital Currencies #digital financial assets #Payments #qualified investors #Regulatory Sandbox #Stablecoins

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Bank of Russia Eyes Stablecoins for Cross-Border Transactions

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 […]