The Bank of Russia will study issuing a ruble-pegged stablecoin. Officials cite sanctions and global practices as key factors. Findings will be released for public discussion before any decision. Russia’s central bank, the Bank of Russia, on February 12 announced plans to examine whether it should issue a ruble-backed stablecoin, marking a shift from its previous opposition to fiat-pegged digital tokens. First Deputy Governor Vladimir Chistyukhin announced the study at the Alfa Talk conference in Moscow, which focused on digital financial assets and market structure. He said the regulator’s traditional position has been to reject stablecoins tied to national currencies. However, officials now intend to reassess that stance. “We plan to conduct a study this year to reassess the situation,” Chistyukhin said. He added that the central bank will evaluate bot… Read The Full Article Bank of Russia to Review Ruble Stablecoin Plan On Coin Edition .