Bank of Russia Proposes a Framework to Allow Banks and Brokers Conduct Crypto Services

The Russian Central Bank plans to allow banks and brokerage firms to run crypto exchanges under a simplified licensing procedure, placing traditional financial institutions at the center of the country’s regulated digital asset market.  According to Central Bank Governor Elvira Nabiullina, existing financial institutions already have compliance infrastructure that could be used to supervise crypto […] Read The Full Article Bank of Russia Proposes a Framework to Allow Banks and Brokers Conduct Crypto Services On Coin Edition.