Regulation· ★★★· bullish·

Russia's central bank registers first self-regulatory body for crypto exchangers and depositories

  • —NAUFOR becomes the first registered SRO for crypto exchangers and depositories
  • —Central bank registries list 23 crypto-exchange participants and 8 digital depositories
  • —Participants include VTB, Sberbank and T-Bank
  • —The SRO will set standards and enforce compliance in the sector
Why it matters: Formalizing oversight could boost confidence in Russia's crypto sector and speed up integration of major banks into digital assets.
Source: Crypto Briefing
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