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Central Bank of Russia: Stablecoins Will Compete with Stock Market

Central Bank of Russia: Stablecoins Will Compete with Stock Market

The central bank of the Russian Federation expects that stablecoins to become a highly-potential asset that will eventually compete with the traditional stock market. Russian news outlet TASS, citing First Deputy Governor at Central Bank of Russian Federation Sergey Shvetsov, states that the dismemberment of the commodity market into various trading floors raises questions for ensuring liquidity.








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