Russia considers using stablecoins for cross-border payments, technical issues remain to be resolved
Odaily2024/07/05 05:00
By:Odaily
Odaily News Russia is considering including stablecoins in an upcoming bill that would allow the use of such assets for cross-border payments. Alexey Guznov, deputy chairman of the Russian Central Bank, said the issue had been raised and the possibility of approving stablecoins for this use case was being discussed. However, Guznov acknowledged that some technical issues needed to be resolved, including regulating the entire chain to allow individuals and companies to receive, store, and then use these digital currencies to complete international payments. (Bitcoin.com)
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