Bank of Russia Eyes Stablecoins for Cross-Border Transactions

Updated: November 25, 2024



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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252720cookie-checkBank of Russia Eyes Stablecoins for Cross-Border Transactions

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