Russia has registered its first group of licensed crypto market participants under rules that took effect on Sept. 1, according to a Techub News report citing Crypto.news. The initial batch includes four cryptocurrency exchange operators and five digital asset custodians. The Bank of Russia said the approvals were granted under transitional provisions in the country’s law on digital financial assets. The move marks the first formal registration round under the new framework referenced in the report, with the central bank identifying the legal basis for the approvals but no company names disclosed in the source material.
Russia has registered its first batch of approved crypto market participants under new rules that took effect on Sept. 1, according to Techub News, which cited Crypto.news.
The first group includes four cryptocurrency exchange operators and five digital asset custodians.
The Bank of Russia said the companies were approved under transitional provisions of the country’s law on digital financial assets.
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