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3232Bank of Russia Says Stablecoins Are Not Suitable for Settlements
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Thu, 14 Jul 2022 06:30:30 +0000https://www.digit.info/2022/07/14/bank-of-russia-says-stablecoins-are-not-suitable-for-settlements/Read more]]>The Central Bank of Russia has spoken out against stablecoins, which it says are highly risky and not fit for payments. The monetary authority reacted to a statement by a top finance ministry official who suggested that his department would support the development of Russian stablecoins. Russia’s Central Bank Voices Opposition to Stablecoins Unlike the […]
The Central Bank of Russia has spoken out against stablecoins, which it says are highly risky and not fit for payments. The monetary authority reacted to a statement by a top finance ministry official who suggested that his department would support the development of Russian stablecoins. Russia’s Central Bank Voices Opposition to Stablecoins Unlike the […]