• Mon. Dec 9th, 2024

Global Tracker

Truth And Objectivity

BREAKING: Russia to Launch New Crypto Exchanges with Chinese’s Yuan

BySani Magaji Garko

Aug 23, 2024

Russian federation has planned to establish two crypto currency exchanges with their headquarters in Moscow and St. Petersburg to enhance foreign economic activity.

The exchanges aimed at bypassing United States sanctions on Russia will focus on creating stablecoins tied to the Chinese yuan and BRICS currency basket.

The crypto exchange initiative is designed to provide a new platform for digital transactions.

READ ALSO: Fugitive ‘Cryptocrash’ Boss Arrested in Montenegro

However, experts have expressed concerns over the potential limitations and risks associated with the project, particularly in light of international sanctions.

Details letter…

Leave a Reply

Your email address will not be published. Required fields are marked *