Russia

Russia Companions with Iran to Worth Stablecoin for Corrupt-border Trades

Russia Partners with Iran to Device Stablecoin for Contaminated-border Trades

Russia Partners with Iran to Build Stablecoin for Cross-border Trades Russia, and Iran are working together to develop a gold-backed stablecoin.The stablecoin replaces fiat currencies in cross-border transactions.Russia will regulate cryptocurrency transactions in 2023. Russian news outlet Vedomosti reported that Iran and Russia are collaborating on a “token of the Persian Gulf region” to be

Russia to renew forex interventions with sale of Chinese language yuan

With a sale of Chinese language yuan, Russia kicks off 2023 forex intervention

© Reuters. FILE PHOTO: Banknotes of Chinese yuan and Russian rouble are seen amid flags of China and Russia in this illustration picture taken September 15, 2022. REUTERS/Florence Lo/Illustration   USD/CNY -0.18% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:  

Russia to launch work on CBDC settlement system in Q1 as sanctions suffer: File

Russia to delivery work on CBDC settlement machine in Q1 as sanctions suffer: Characterize

Russia’s central bank is reportedly set to begin developing a cross-border settlement system using a central bank digital currency (CBDC) amid ongoing sanctions in response to its invasion of Ukraine. The plans to move forward with Russia’s digital ruble are expected to come in the first quarter of 2023 and will see Russia’s central bank