Bank of Russia wants to allow stock exchanges to trade digital financial assets.
Industry watchers say the regulator aims to provide investors with an option to trade cryptocurrencies in a controlled environment.Stock exchanges and central clearing counterparties may be allowed to facilitate the trading of digital financial assets , a collective term encompassing cryptocurrencies and tokens under current Russian law.
Some crypto-related activities in Russia were regulated with the law “On Digital Financial Assets,” which went into force in January 2021, including issuance of digital coins and fundraising through tokens . However, other operations such as mining and trading, as well as the circulation of cryptocurrencies, remained unregulated.
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