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Russian Duma Financial Market Chairman States Digital Financial Assets Might Replace Fiat for International Payments

 Russian Duma Financial Market Chairman States Digital Financial Assets Might Replace Fiat for International Payments

 

Chairman of the Russian State Duma Committee on the Financial Market Anatoly Aksakov stated that digital financial assets, issued by institutions regulated by the central bank, could replace fiat channels for international settlements. Aksakov also acknowledged that while not being controlled for this use case, digital assets were already being used to settle international payments. […] 

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