‘Token will defeat cryptocurrency’: Russia debuts palladium-backed stablecoin Post author:MiamiCrypto Post published:July 18, 2022 Post category:Bank of Russia / Banks / Cryptocurrencies / Government / Precious Metals / Russia / Stablecoin / Tokens Backed by a sanctioned Russian oligarch, Atomyze became Russia’s first legal digital asset manager, obtaining registration from the central bank in February 2022. You Might Also Like Chinese regulators unite forces to crack down on crypto September 24, 2021 KuCoin to launch DeFi products in 2022 with fresh $150M raise May 10, 2022 PayPal’s new PYUSD stablecoin faces legal headwinds and ‘less functionality’ August 21, 2023