Russian State Duma Committee Considers Launch of Central Bank-Issued Stablecoin

The chairman of Russia’s State Duma Committee on Financial Markets has claimed that the entity is considering the launch of state-backed cryptocurrency pegged to the Russian ruble, Russian radio news station Govorit Moskva reported Friday, Nov. 2.Speaking at a press conference on the increase of the household debt load, Chairman Anatoly Aksakov expressed his confidence […]

Crypto is a ‘Poor Form of Money’ for Terrorists, Congressional Hearing Concludes

The U.S. Congress Subcommittee on Terrorism and Illicit Finance has discussed various methods of terrorism financing with cryptocurrency, according to an official press release on the U.S. House of Representatives Financial Services Committee September 7.In order to monitor threats and methods of terrorist financing, the hearing considered major means of transferring funds by terrorists, including […]