RATE Group | Russia’s Central Bank Ready to Test Stablecoins + More News
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Russia’s Central Bank Ready to Test Stablecoins + More News

27 Dec Russia’s Central Bank Ready to Test Stablecoins + More News

Posted at 00:19h in Cryptocurrency News by

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Russia’s Central Bank Ready to Test Stablecoins + More News 101
Elvira Nabiullina, head of the Central Bank of Russia. Source: a video screenshot, Youtube, Bank of Russia

Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

Regulations news

  • Russia’s Central Bank has said it is ready to test stablecoins in regulatory sandbox conditions. The bank’s governor, Elvira Nabiullina, is known as one of Russia’s greatest arch-skeptics. But per Interfax, Nabiullina now says she wants companies who “want to issue tokens secured by assets” to test their coins in Russian sandboxes – with the possibility of attaining official approval.
  • The government of Uzbekistan looks set to push ahead with a tight crypto regulations drive, after announcing plans to severely restrict its citizens from buying cryptocurrencies. Per Cryptocurrency Tech, the National Agency for Project Management, a government agency that reports directly to the…

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