Russia's Central Bank Registers First Crypto Depositories and Exchanges as Digital Ruble Hits 220K Accounts
- —Five digital depositories and four crypto exchanges entered the Bank of Russia registries
- —Depositories handle asset custody; exchanges trade only over the counter
- —Full compliance with the new rules is required by September 1, 2027
- —220,000 digital ruble accounts opened in a month versus a 60,000 annual forecast
Why it matters: A regulated domestic infrastructure lowers the risk of bank card blocks when converting crypto to fiat and accelerates the integration of digital assets into Russia's financial system.
Source: 2Bitcoins.ru
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