Russia’s first comprehensive legal framework covering cryptocurrency trading, custody, and cross-border settlements took effect on Sept. 1, according to a Techub News brief citing Crypto.news. Under the new rules, retail investors and qualified investors will be allowed to access a regulated crypto market supervised by the Bank of Russia. The update says the central bank stated the framework permits such participation, though the brief does not provide further details beyond that point. The measure is described as the country’s first full legal structure spanning crypto trading, custody, and cross-border settlement activity. No additional provisions, implementation details, or market scope were disclosed in the source text.
Russia’s first comprehensive legal framework covering cryptocurrency trading, custody, and cross-border settlements officially took effect on Sept. 1, according to Techub News, which cited Crypto.news.
Under the new rules, retail investors and qualified investors will be allowed to enter a regulated crypto market under the supervision of the Bank of Russia. The central bank said the framework allows this, though the source brief does not include further details.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
