Russian Central Bank ‘Would Consider’ Creating Gold-Backed Cryptocurrency

Russia’s central bank would consider creating a new cryptocurrency backed by gold for international settlements. Gold-Backed Crypto Could Have Use In Settlements That was the latest information to come from Elvira Nabiullina, head of the Bank of Russia, speaking to the country’s parliament, the Duma, about current plans involving cross-border finance. In principle, Nabiullina said in response to a query from one politician present on the Duma’s financial markets committee, the central bank is notRead MoreThe post Russian Central Bank ‘Would Consider’ Creating Gold-Backed Cryptocurrency appeared first on Bitcoinist.com.