Russia Approves First Crypto Exchanges and Custodians Under New Rules

Russia approves first crypto exchanges and custodians under new rules

Russia has registered its first four cryptocurrency exchange operators and five digital custodians under the regulated crypto market that opened on Sept. 1. According to the Bank of Russia, the first companies were admitted under transitional provisions of the country’s…

Russia Approves 4 Crypto Exchanges and 5 Custodians

Russia has admitted its first cryptocurrency exchange operators and digital custodians to the regulated financial market, moving the country's new crypto framework from legislation into live infrastructure just over a month after the main law took effect. The Bank of Russia said four organizations have entered its register of cryptocurrency exchange operators and five have been registered as digital custodians. VTB Bank appears on both lists, wh…

Russia Registers First Crypto Trading and Custody Firms Under New Rules

Key Takeaways Russia has registered its first cryptocurrency exchange operators and digital depositories under the country’s new legal framework for digital currencies and digital rights. The Bank of Russia added four cryptocurrency exchange operators and five digital depositories to its official registers on October 6, marking the first registrations under

Russia registers first licensed crypto exchanges and custodians

Bank of Russia has authorized several entities to join the country’s recently regulated cryptocurrency market, making them the first legal providers of digital-asset services. Two major state-owned banks are among the approved participants, a clear indication that Moscow intends to keep the expanding industry under strict government control. Central bank clears Russia’s first crypto trading...