Today news
About the same in other media
Russia to Ban Funds from Crypto Investment, Experts Warn of ‘Blurry’ Legal Status
Reading now: 529
cryptonews.comThe Russian Central Bank has moved to bar financial firms in the country from engaging with crypto-related mutual funds.
In a press release, the resolutely anti-crypto body, which also polices the domestic financial sector, announced it had created a draft directive, which it will listen to feedback on until December 27, 2021.
The directive deals with other mutual fund-related restrictions, too, but crypto-keen banks will be stunned to hear that the Central Bank wrote of establishing a “ban” on “the investment of funds in mutual funds, including those intended exclusively for [industrial] investors, in digital currencies and financial instruments, the price of which depends on the rates of digital currencies” – essentially all tokens and
Read more on cryptonews.comAbout this in other media
Industry experts reveal a possible method for Bank of Russia to block crypto cointelegraph.com /2 years ago
Russia Still No Closer to Regulating Crypto Despite Central Bank ‘Concession’ cryptonews.com /2 years ago
Bank of Russia to allow crypto investment via foreign firms: Report cointelegraph.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
