Russia’s central bank drafts first rules for ‘organized’ crypto trading

The Block·

Russia’s central bank drafts first rules for ‘organized’ crypto trading

60-second summary

Russia's central bank is drafting rules for organized crypto trading, outlining equity requirements and digital depositories. The proposed regulations aim to establish a framework for digital asset markets, including trading platforms and custodial services. This move is expected to bring much-needed clarity to Russia's crypto landscape, potentially attracting institutional investment and boosting market growth.

The Bank of Russia drafted rules establishing organized trading, equity requirements, and digital depositories for digital asset markets.