Express
Russia's Central Bank Begins Testing Stablecoins Pegged To Real Assets
Summary: The Bank of Russia, the country’s central bank, has allegedly started to test stablecoins that are pegged to real assets in a regulatory sandbox. Russia’s central bank head Elvira Nabiullina said that the bank currently doesn’t assume that stablecoins will become a substitute for fiat currency or will become a means of payment. Nabiullina did ...
The Bank of Russia, the country’s central bank, has allegedly started to test stablecoins that are pegged to real assets in a regulatory sandbox.
Russia’s central bank head Elvira Nabiullina said that the bank currently doesn’t assume that stablecoins will become a substitute for fiat currency or will become a means of payment. Nabiullina did note that the Bank of Russia is studying the potential uses of stablecoins.
By Ramsey Baker
Tags: Central Bank,Cryptocurrency,Elvira Nabiullina,Russia,Stablecoin
Link: Russia's Central Bank Begins Testing Stablecoins Pegged To Real Assets [Copy]
