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Tag: Ban Amid

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Russia Reconsiders Stablecoin Ban Amid US and EU Pressure

Russia’s central bank will study the feasibility of launching a domestic stablecoin, marking a shift from its previous outright opposition. The move comes as the US GENIUS Act and EU digital euro plans accelerate global competition over regulated digital currencies. Sanctions pressure and dollar stablecoin dominance may be pushing Moscow to reassess monetary sovereignty and…
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