CoinDesk·3 min read·medium
Russia outlines new digital depository rules ahead of fall crypto framework roll-out
O
Olivier Acuna
✦AI Summary
Russia's central bank has proposed new regulations for 'digital depositories' to oversee cryptocurrency holdings and digital assets ahead of a fall framework rollout. The rules establish capital requirements for firms managing crypto assets and aim to integrate digital assets into the existing securities market infrastructure.
The proposals would extend systems already used in Russia’s securities markets, including exchange trading, custody, record-keeping and disclosure rules, to digital assets.
businesscryptoeconomy
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