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Bank of Russia Eyes Stablecoins for Cross-Border Transactions

[Aug 27 11:20 AM] 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…

Russia Set to Launch Crypto Payment Trials Next Week, Report

[Aug 27 1:30 AM] Russia is reportedly set to start trials for cryptocurrency exchanges and digital token payments on Sept. 1 to mitigate payment difficulties caused by international sanctions. These trials will involve the National Payment Card System and could…