Russia A senior member of The Advisory Board might be able to bring in a digital currency that is gold-backed for use in international transactions. Russian Parliament has accepted. The matter was raised during the latest visit. IranAlso, local officials showed their interest in such an initiative.
Iran Russia Focus on digital currencies for bilateral commerce transactions
The Russian Federation Is considering the creation of a gold-backed digital currency, which can be used for cross border transactions. IranChairman of the Financial Market Committee The lower home of Russian parliament, Anatoly AksakovThe instructor was Parlamentskaya Gazeta newspaper. .
“We The issuance of digital currencies and digital financial assets (DFAs), backed by certain securities, was discussed. For After a discussion with a legislator, he stated that he spoke about gold, gold bars and refineries could provide them. Or the facilities where gold is stored. DFA is issued to oppose these reserves.” Russian Delegation to the Republic. Islamic.
Said In mutual agreements, digital currency can be used as a payment method. Russia IranFor instance, the term “defined” is used. AksakovAdditional quotes by the Interfax Information company He The suggestion was also received with interest by the Iranian side.
The High-ranking member State Duma Other famous that Iran Has a large debt for items sold by Russia. At The same time, however, the Iranian The rial is a currency that fluctuates significantly and has two exchange rates against US dollar. This is the official one accepted by the Central Bank This is Iran, and the market rate, which is hard to calculate for Russian exports. .
News That Tehran Moscow We are talking about the possible launch of digital currency that is gold-backed in early 2018. January The head of the Russian Instructions on how to form a crypto business association Vedomosti Each day, start an enterprise that Iran’s Central bank may develop one with Russian participation. The The token could be used for trade in the Persian The chief was revealed in the region.
Gold-backed Russian In 2019, digital currency was first introduced
The concept of issuing a Russian Initial circulation of a gold-backed digital currency was in May 2019 during a State Duma Session joined by Bank This is Russia Governor Elvira Nabiullina. At Chamber member at the time Vladimir Gutenev The central bank should start talks with the other BRICS countries to solve the issue, according to the advice:
Gold This is the most valuable asset. We could possibly find understing in China, India and Brazil.
“But these are not cryptocurrencies, maybe so-called digital currencies,” Comment Anatoly AksakovWhile Nabiullina A report by the VEB.RF indicated that the financial authorities are open to an actual asset backed digital currency. The VEB submitted a report that also included a proposal for a golden ruble digital currency. Research Experience Institute Published in the summer of 2022.
Driven By Western sanctions, Russia Iran We have also been looking at options to use decentralized cryptocurrency to circumvent restrictions on international trade. In August Last year Iran placed its first official export order using cryptocurrency. Russia It is working towards legalizing cross-border crypto payments. Additionally, a digital ruble is being created and a cryptorial which aren’t backed up by gold.
Do Is it possible to imagine Russia Will there soon be a digital currency gold-backed? Share Please include your comments in the section below.
