Experts: Russian crypto exchanges may miss CBR's settlement speed rules
- —CBR requires client settlement at the time of the trade or immediately after
- —Small exchanges must build bank and depository integrations from scratch
- —VTB, Sber and T-Technologies are already registered as exchanges and depositories
- —Experts expect the number of crypto exchanges to decline
Why it matters: The new CBR rules accelerate consolidation around large banks and could squeeze out smaller crypto exchanges.
Source: Bits.media