
Russia mulling regulations for stablecoins
Financial authorities in Russia intend to expand the country’s crypto regulations to cover stablecoins and securities based on digital assets. Some of the new rules should be ready by the end of the year, as the country rushes to clarify the matter for investors and find its place in a growing global market. Russia mulling regulations for stablecoins While decentralized cryptocurrencies like Bitcoin are far from becoming mainstream in Russia, officials are now “actively discussing” the regulation of fiat-pegged stablecoins, local media revealed. The Ministry of Finance (Minfin) and the Central Bank of Russia (CBR) are also considering additional rules…






