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Bitcoin Daily: Central Bank In Russia Experimenting With Stablecoins; Germany’s New Crypto Rules Trouble Custodians

December 26, 2019
Bitcoin Daily: Central Bank In Russia Experimenting With Stablecoins, Germany’s New Crypto Rules To Go Into Effect
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Bitcoin Daily: Central Bank In Russia Experimenting With Stablecoins; Germany’s New Crypto Rules Trouble Custodians

December 26, 2019
The Bank of Russia has been testing stablecoins that are attached to real assets, according to reports. The head of the bank, which is Russia’s central bank, said just because they’re testing the coins doesn’t mean they will eventually turn into a money substitute. “We are testing stablecoins in our regulatory ‘sandbox,’” said Elvira Nabiullina. […]