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Iran and Russia want to issue new stablecoin backed by gold

Summary by Ground News
The Central Bank of Iran is reportedly cooperating with the Russian government to jointly issue a new cryptocurrency backed by gold. The potential cryptocurrency would operate in a special economic zone in Astrakhan. Iran and Russia are among the countries that banned their residents from using cryptocurrencies like Bitcoin.

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Bias Distribution

  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
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forbes.ru broke the news in on Sunday, January 15, 2023.
Sources are mostly out of (0)