Tagged: buzko legal

Russia’s Largest Bank, Sberbank, Is Considering Issuing its Own Stablecoin after Country Introduces New Crypto Law

Russia’s largest banking institution, Sberbank, is reportedly looking into whether it should launch its own stablecoin, which are digital currencies that are pegged or backed by real-world assets, major fiat currencies, or commodities such as gold. Sergey Popov, director of state-owned Sberbank’s transaction business, said… Read More

Russia: Federal Law Addresses Digital Assets, Differentiates Between Digital Securities and Digital Currencies

Russia has signed into law legislation that impacts the cryptocurrency sector. On the last day of July, the Russian President, Vladimir Putin, signed the document that introduces a legal framework for digital assets that differentiates between digital securities and digital currencies. The statute, Federal Law… Read More

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