Bank of Russia Creates New Rules For Crypto Trading

Bitcoin Magazine Bank of Russia Creates New Rules For Crypto Trading  Russia’s central bank on Monday published draft regulations for the trading of digital currencies.  The Bank of Russia released the changes to its “organized trading” rules, including the term “digital currency” throughout.  The

Source: Bitcoin Magazine

DW NOTE

Russia isn't creating a Bitcoin market — it's forcing crypto exchanges to report digital assets through the same state surveillance apparatus that already monitors rubles and securities. The Bank of Russia calls this "organised trading"; a more honest term would be "total visibility." When a central bank that has spent years restricting capital flight now wants real-time reporting on every crypto trade, the objective isn't market development.

Read the full story at Bitcoin Magazine →