Monetary Policy Implementation Guidelines for Central Bank Digital Currencies and Stablecoins
These effects are most pronounced when new financial assets are close substitutes for existing financial assets.
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These effects are most pronounced when new financial assets are close substitutes for existing financial assets.
The agreement, which was formalised during a meeting between the governors of the central banks of both countries in Russia, now allows banks and economic actors to utilise infrastructures, including non-SWIFT interbank systems, for transactions in local currencies.
In recent days, the exchange has also cut ties with several Russian banks.
Deputy Chairman of the State Duma Alexander Babakov suggested that the three countries should trade using a common digital currency.
Transparency International named 8 Russian crypto exchanges willing to facilitate anonymous crypto for cash trades in London.
Sber was initially planning to launch its blockchain-enabled digital asset platform and the Sbercoin stablecoin by spring 2021.
Since January 1 of last year, cryptocurrencies have been legal in Russia, however they cannot be used to purchase goods ...
Kuna, a long-running local cryptocurrency exchange, saw rapid changes in customer activity amid currency controls and historically low hryvnias (Ukraine’s monetary unit).
The U.S. Treasury Department’s guidelines equate crypto transactions with “deceptive or structured transactions” that attempt to evade U.S. sanctions.
The heavy sanctions on Russia extend to crypto, and here is a deep dive into the legal infrastructure behind them.