Russia wants to create a new gold-backed cryptocurrency with Iran – OfficeLife

Russia is negotiating with Iran to create a stablecoin. About it
writes RBC with reference to the Executive Director of the Russian Association of the Cryptoindustry and Blockchain Alexander Brazhnikov. This is a cryptocurrency backed by gold.

Russia wants to create a new cryptocurrency together with Iran

Photo: Getty Images

They want to use the new cryptocurrency in foreign trade settlements.

In the near future, Russia plans to adopt amendments to the legislation that will allow paying for export goods with digital currency, as well as developing a taxation mechanism for such transactions.

According to the expert, there are enough blockchains in the world that will provide the technical solution for a new stablecoin. Iran has its own crypto exchange and exchangers, as well as mining pools.

In Russia, a crypto exchange may appear in the spring-summer of 2023.

Comments (No)

Leave a Reply