PANews reported on October 13 that according to Cryptonews, the Central Bank of Russia hopes to use tokenization solutions to enable foreign buyers to purchase shares of domestic companies. Vladimir Chistyukhin, First Deputy Governor of the Central Bank of Russia, talked about this at a recent sideline event at a financial forum. When asked about the tokenization of Russian stocks, the central bank executive gave a positive response, calling it a "viable option." However, Chistyukhin pointed out that overseas participants need to provide solutions at the technical and platform levels. He said: "In this area, foreign partners will play an important role. I am referring to foreign entities that are interested in tokenizing Russian assets so that they can be bought and sold overseas."PANews reported on October 13 that according to Cryptonews, the Central Bank of Russia hopes to use tokenization solutions to enable foreign buyers to purchase shares of domestic companies. Vladimir Chistyukhin, First Deputy Governor of the Central Bank of Russia, talked about this at a recent sideline event at a financial forum. When asked about the tokenization of Russian stocks, the central bank executive gave a positive response, calling it a "viable option." However, Chistyukhin pointed out that overseas participants need to provide solutions at the technical and platform levels. He said: "In this area, foreign partners will play an important role. I am referring to foreign entities that are interested in tokenizing Russian assets so that they can be bought and sold overseas."

                                                                               Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday.                     The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction.  “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more