Bank of Russia To Permit Stock Exchanges to Trade Digital Assets


The Central Bank of Russia (CBR) has recently proposed authorizing traditional stock exchanges to operate in the digital assets market.

Stock exchanges and central clearing counterparties may be allowed to facilitate the trading of digital financial assets (DFAs), a collective term encompassing cryptocurrencies and tokens under current Russian law.

The proposal was put forward by the Central Bank of Russia (CBR) at a meeting with exchanges, brokers, and information system operators, a group of entities to which crypto platforms pertain.