December 27, 2019 BY Mariela Naydenova
Russia's Central Bank is testing a stablecoin under sandbox
Russia is moving forward with testing stablecoins, as The Bank of Russia has started testing these pegged to real assets set in regulatory sandbox. The head of the central bank, Elvira Nabiullina, commented that the bank does not assume that stablecoins will eventually replace money or function as payment means. What the Bank of Russia…
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