Russia is opening regulated crypto trading on exchanges from Nov 22 🇷🇺
The Bank of Russia issued an ordinance allowing organized crypto trading on licensed domestic exchanges starting November 22, with the exchanges' own operating rules still waiting on final approval. Trading would run under central bank oversight instead of in a gray zone.
A formal framework could bring more institutional and retail volume into a regulated venue and shift how other regional regulators think about it.
Do you think regulated access in Russia adds real liquidity, or is it mostly symbolic?
Source: https://tradeassi.com/en/news/story/russia-authorizes-regulated-crypto-trading-on-domestic-exchanges-from-november-22
#Russia #Crypto #Regulation #Bitcoin
The Bank of Russia issued an ordinance allowing organized crypto trading on licensed domestic exchanges starting November 22, with the exchanges' own operating rules still waiting on final approval. Trading would run under central bank oversight instead of in a gray zone.
A formal framework could bring more institutional and retail volume into a regulated venue and shift how other regional regulators think about it.
Do you think regulated access in Russia adds real liquidity, or is it mostly symbolic?
Source: https://tradeassi.com/en/news/story/russia-authorizes-regulated-crypto-trading-on-domestic-exchanges-from-november-22
#Russia #Crypto #Regulation #Bitcoin