July 21, 2024

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

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Russia in the Process of Regulating the Use of Stablecoins for Cross-Border Settlements
Russia in the Process of Regulating the Use of Stablecoins for Cross-Border SettlementsRussia 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 […]