Bank of Russia Eyes Stablecoins for Cross-Border Transactions

Bank of Russia Eyes Stablecoins for Cross-Border TransactionsThe 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 […]

Source: https://news.bitcoin.com/bank-of-russia-eyes-stablecoins-for-cross-border-transactions/