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Russia Drafts Crypto Trading Rules Ahead of Expected…
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What Would Russia’s Organized Crypto Market Look Like?
Platforms would also be responsible for calculating market prices and weighted average prices for the digital assets and digital rights traded through their systems.
A central part of the proposed system is the creation of digital depositories responsible for recording cryptocurrencies and digital rights.
The draft regulations follow a crypto market bill passed by the State Duma last week.
If enacted on schedule, the framework would give Russia a regulated crypto investment market while keeping digital assets outside the domestic payment system.