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Russian Gold-Backed Crypto Slams the Global US Dollar Standard

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By CCN Markets: Russia is continuing to explore the possibility of a gold-backed cryptocurrency for use as a cross-border settlement alternative with other countries. Under heavy sanctions from the US, the potential of a value-pegged cryptocurrency could help Russia escape from the usage of the Dollar as a currency standard. Russia’s State Duma member Vladimir Gutenev proposed the creation of this digital asset. He suggested the tying of the value to gold would alleviate issues found in cryptocurrencies, and that this offering would be likened to a stable coin. Breaking US Dollar bonds Russia has honed in on gold reserves

The post Russian Gold-Backed Crypto Slams the Global US Dollar Standard appeared first on CCN Markets

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Bitcoin And Other Crypto Can Accelerate Adoption By Tweaking A Few Things

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Crypto is the future of money and financial transactions, and making it easier to use is only a few small changes away.

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Cryptocurrency ATMs Market: Qualitative Analysis of the Leading Players and Competitive Industry …

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The research report on Cryptocurrency ATMs market aims to impart an in-depth understanding of the growth prospects of this industry vertical over the …

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Japan Is Seriously Considering a Digital Yen: Report

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As rivals and allies move forward with their own CBDC plans, Japan will seriously consider a digital yen as part of this year’s policy agenda.

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