Bank of Russia Publishes Draft Regulations for Crypto Market
The Bank of Russia has issued its first draft regulations to launch an organized cryptocurrency trading market, including exchange-based pricing and depository capital requirements.
The Bank of Russia has published the initial drafts of regulatory acts aimed at launching a cryptocurrency market in the country. The documents lay the groundwork for organized trading under exchange rules, with platforms responsible for calculating market and volume-weighted asset prices.
For depositories that record cryptocurrencies and digital rights, the proposed minimum capital ranges from 50 million to 250 million rubles, depending on the nature of their activities.
These drafts represent a concrete step toward integrating digital assets into Russia’s financial infrastructure.
Source: ForkLog