{"id":102625,"date":"2019-05-23T19:55:28","date_gmt":"2019-05-23T19:55:28","guid":{"rendered":"https:\/\/www.ccn.com\/?p=181543"},"modified":"2019-05-23T19:55:28","modified_gmt":"2019-05-23T19:55:28","slug":"russia-stunningly-explores-a-gold-backed-crypto-to-settle-payments","status":"publish","type":"post","link":"http:\/\/webdomino.net\/index.php\/cryptocoinsnews\/russia-stunningly-explores-a-gold-backed-crypto-to-settle-payments\/","title":{"rendered":"Russia Stunningly Explores a Gold-Backed Crypto to Settle Payments"},"content":{"rendered":"<p>By CCN: Russia is reportedly considering the implementation of a gold-backed cryptocurrency, according to Russian news outlet Tass. Immutability and censorship-resistance are useful for governments in certain instances, such as conducting international trade in the face of sanctions. Russia and Iran previously considered using cryptocurrencies for business between the two. Iran later launched a gold-backed cryptocurrency. Russian Central Bank Will Put Onerous Limits on Retail Crypto Investors https:\/\/t.co\/Acax4U5ytX &#8212; CCN.com (@CCNMarkets) March 12, 2019 Survey Says: Unlikely Central banker Elvira Nabiullina was cold to the idea of government-backed crypto, saying that a settlement mechanism created in &#8220;national currencies&#8221; would be <\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.ccn.com\/russia-flip-flops-explores-gold-backed-crypto-to-settle-payments\">Russia Stunningly Explores a Gold-Backed Crypto to Settle Payments<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.ccn.com\/\">CCN<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By CCN: Russia is reportedly considering the implementation of a gold-backed cryptocurrency, according to Russian news outlet Tass. Immutability and censorship-resistance are useful for governments in certain instances, such as conducting international&#8230;<\/p>\n","protected":false},"author":143,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2200],"tags":[5701,1766,823],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Russia Stunningly Explores a Gold-Backed Crypto to Settle Payments - WebDomino.NET<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/webdomino.net\/index.php\/cryptocoinsnews\/russia-stunningly-explores-a-gold-backed-crypto-to-settle-payments\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Russia Stunningly Explores a Gold-Backed Crypto to Settle Payments - WebDomino.NET\" \/>\n<meta property=\"og:description\" content=\"By CCN: Russia is reportedly considering the implementation of a gold-backed cryptocurrency, according to Russian news outlet Tass. 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