The Central Bank of Iran progresses with CBDC development in anticipation of a visit by the Bank of Russia’s governor Elvira Nabiullina.
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Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit
Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian parliament has admitted. The matter has
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Enforcement goes on with Bitzlato action: Law Decoded, Jan. 16–23
Anatoly Legkodymov, founder of China-based crypto firm Bitzlato, was arrested under suspicion of money laundering related to illicit Russian finance.
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Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil
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,
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Iran and Russia want to issue new stablecoin backed by gold
The potential stablecoin aims to enable cross-border transactions instead of fiat currencies like the U.S. dollar, the Russian ruble or the Iranian rial.
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Iran court orders the release of seized crypto mining equipment
Judicial rulings require Iranian authorities to release a part of the 150,000 crypto mining equipment previously seized due to energy concerns.
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