Russia Approves Securities Group to Oversee Crypto Exchanges
Bitcoin Magazine Russia Approves Securities Group to Oversee Crypto Exchanges The Bank of Russia approved NAUFOR as the country’s first self-regulatory organization for crypto exchanges and digital depositories. This post Russia Approves Securities Group to Oversee Crypto Exchanges first appeared o
Source: Bitcoin Magazine
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Russia has legalised crypto exchanges, placed them under central bank oversight, and given them 90 days to join a self-regulatory body. The same country that banned crypto payments in 2020, unbanned them in 2024, and now runs them through NAUFOR — an organisation that until this month regulated only traditional securities. When capital controls tighten and sanctions accumulate, regulatory architecture follows.