3 days ago
4
Key Takeaways
- Exchanges would publish standardized crypto prices.
- Custodians face $640,000 – $3.2 million capital rules.
- Customer ownership would enter formal records.
- Crypto and domestic DFAs remain legally distinct.
- The regulations are still in draft form.
The package covers exchange rules, price reporting, digital ownership records and capital requirements for specialized custodians. According to the central bank’s official announcement, the proposals are meant to support trading under Russia’s newly adopted digital-currency law.
No market opens automatically with the publication of these drafts. Exchanges, banks and custody providers still need final regulations, licences and functioning backend systems before they can serve investors.
How Regulated Crypto Trading Would Work
Each approved exchange would set the rules governing its digital-asset market. It would also calculate and publish a market price and a v...
English (US)