Published 1 year ago

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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UOL

Russia and Iran could create joint gold-backed stablecoin

A member of the Russian Congress says that the possibility of stablecoin is being studied, but that cryptocurrencies need to be regulated

1 year ago·Brazil

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Cointelegraph

Iran and Russia want to issue new stablecoin backed by gold

According to local reports, the Central Bank of Iran is cooperating with the Russian government to issue a cryptocurrency backed by gold.

1 year ago

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Mehr News Agency

Iran, Russia discuss creation of joint gold-backed Stablecoin

TEHRAN, Jan. 16 (MNA) – The Central Bank of Iran is considering the creation of a stablecoin with Russia as a means of payment in foreign trade transactions, said the executive director of the Russian Association of Cryptoindustry and Blockchain.

1 year ago·Tehran, Iran, Islamic Republic of

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Meduza

Russia and Iran discussing creation of joint stablecoin backed by gold

Alexander Brazhnikov, executive director of the Russian Association of Cryptoindustry and Blockchain told Vedomosti that the Central Bank of Iran is considering the creation of a stablecoin with the Russian Federation as a means of payment in foreign trade transactions.

1 year ago·Riga, Latvia

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Kitco NEWS

Russia is working with Iran on a gold-backed stablecoin

(Kitco News) - The Central Bank of Iran is in discussions with Russia to create a new stablecoin backed by gold. According to a report from Russian news site Vedomosti, the new token would be used as a means of payment in foreign trade settlements instead of the dollar, the Russian ruble, or the Iranian rial.

1 year ago

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