CRYPTOCURRENCY

Crypto News
The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

Popular
Bitcoin Ethereum XRP Bitcoin Cash Hashgraph Bitcoin SV EOS Cardano Chainlink VeChain Litecoin Cosmos IOTA Algorand SUSHI Polkadot

cryptocurrency

Gold-Backed Digital Assets Were Issued By Russia's Biggest Bank

The first gold-backed digital financial assets were issued by Russia's biggest bank, Sber (previously Sberbank) (DFAs). Gold-backed DFAs represent certified monetary rights whose price and volume rely on gold prices. In July, Sber issued three-month assets worth 1 billion roubles.

by Rebeca Moen
Dec 27, 2022

CRYPTOCURRENCY

Gold-Backed Digital Assets Were Issued By Russia's Biggest Bank

Trending topics