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Russia Starts Licensing Crypto Exchanges And Custodians Under New Register

Bitcoinist
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Russia Starts Licensing Crypto Exchanges And Custodians Under New Register

Russia’s new regulated crypto-market framework has moved into operation, with the Bank of Russia adding firms including VTB, Sberbank and several specialist operators to registers covering cryptocurrency exchanges and digital depositories. Domestic crypto payments remain restricted, but regulated trading and custody infrastructure is now taking shape.

Key Takeaways

  1. Russia’s new regulated crypto-market framework has moved into operation, with the Bank of Russia adding firms including VTB, Sberbank and several specialist operators to registers covering cryptocurrency exchanges and digital depositories.
  2. Domestic crypto payments remain restricted, but regulated trading and custody infrastructure is now taking shape.
  3. Read the full article for additional context and details.
Read Full Article on Bitcoinist

Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.