Russia officially gives the crypto industry the green light 🇷🇺
On Tuesday, the Central Bank of Russia announced its first list of registered entities: 4 compliant crypto exchange operators and 5 digital asset custodians. The new regulations take effect on September 1, bringing exchanges, custodians, brokers, and investors under the Central Bank’s regulatory framework.
The biggest highlight is that state-owned banking giant Sberbank has obtained a custody license and plans to officially launch crypto products on December 1. The initial offering will support $BTC , $ETH , and $USDT, and will be integrated into its existing SberBank Online, SberInvestments, and SberBusiness platforms.
Russia’s largest commercial bank, VTB, also appeared on both lists. The crypto bill signed by Putin in August maintains the ban on using cryptocurrency to pay for goods and services, but paves the way for compliant trading.
#Bitcoin #Crypto #RussianCrypto
(Source: X)
On Tuesday, the Central Bank of Russia announced its first list of registered entities: 4 compliant crypto exchange operators and 5 digital asset custodians. The new regulations take effect on September 1, bringing exchanges, custodians, brokers, and investors under the Central Bank’s regulatory framework.
The biggest highlight is that state-owned banking giant Sberbank has obtained a custody license and plans to officially launch crypto products on December 1. The initial offering will support $BTC , $ETH , and $USDT, and will be integrated into its existing SberBank Online, SberInvestments, and SberBusiness platforms.
Russia’s largest commercial bank, VTB, also appeared on both lists. The crypto bill signed by Putin in August maintains the ban on using cryptocurrency to pay for goods and services, but paves the way for compliant trading.
#Bitcoin #Crypto #RussianCrypto
(Source: X)