Bank of Russia Eyes Stablecoins for Cross-Border Transactions
Submitted by Anonymous (not verified) on Tue, 08/27/2024 - 14:50
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 […]