‘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 Ukrainian Minister Calls on Tether, Bitfinex to Cease Russian Transactions March 11, 2022 Circle and SBI Ignite Stablecoin Expansion in Japan—Major Exchanges Locked in March 26, 2025 Ex-Wall Street execs lead new Bitcoin mining firm as US hash rate soars November 4, 2021