Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the gold-backed currency,
Read moreBank of Russia to Test International Crypto Payments With Companies
The Central Bank of Russia plans to use cryptocurrency for cross-border payments in trials with private companies, a member of its top management has revealed.
Read morePutin Calls for International Settlements Based on Blockchain and Digital Currencies
Russian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks and third parties. He is
Read moreRussia and Cuba Eye Cryptocurrencies for Settlements Amid Sanctions
Both facing sanctions, Russia and Cuba are looking into alternative options for cross-border payments, including cryptocurrencies, a Kremlin advisor has unveiled in Havana. Moscow is
Read moreRussian IT Firms Lobby for Crypto Payments in Software Exports
Companies developing software solutions for foreign customers are urging Russian authorities to allow them to accept crypto payments. The proposal is part of a package
Read moreNew Mining Bill Permitting Cross-Border Crypto Payments Filed in Russian Parliament
A draft law designed to regulate the mining of digital coins in Russia is also legalizing the use of cryptocurrencies in international settlements. It has
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