The Central Bank of Russia opposed the stablcoins – Bits Media

Bank of Russia, Unlike the Ministry of Finance, considers, that stablecoins are highly risked assets, not intended for calculations within the country and abroad.

The Central Bank announced, that the release and use of private stablecoins is associated with high risks, Since the pool assets, underlying them, does not belong to the owner. Therefore, repayment at the nominal price of assets in provision is not guaranteed, And the price of stablecoin is actually not stable.

So the regulator commented on the statement of the head of the Department of Financial Policy of the Ministry of Finance of Russia Ivan Chebeskov, who promised, that the Ministry of Finance will help the development of stablecoins. Official, Speaking at the panel discussion “The influence of Web3 is the new era of the Internet of trust?"As part of the Russian creative week, stated, that in the regulation of stablecoin, the ministry takes the side of the business:

“If there is a need for business, In companies or investors,, To calculate, invest in a new way, if they need such a tool because it reduces the costs, It works better, than previous tools, And if the risks associated with it can be limited, then we will always support such initiatives ".

During the discussion, the founder of Voronkov Ventures Andrey Voronkov
stated, that today in Russia there is no ruble stablecoin, based on the blockchain. According to him, This practice should appear, Since stablecoins, USA, allow us to strengthen the position of the American currency in the world, because, to buy cryptocurrency, You need to buy dollars. The representative of the Ministry of Finance has controlled the comments of this statement and did not answer the question about the, When a stablecoin tied to the ruble is released.

In June, specialists of the Institute for Research and Expertise VEB.rf said, that a decrease in sanctions pressure will help the creation of a stablecoin golden gold for international calculations. The first deputy chairman of the Bank of Russia Olga Skorobogatova said, that the Central Bank is ready to fully test the digital ruble within the country and in international economic relations this year.