Russia Proposes Broker-Led Framework for Retail Crypto Trading
From financemagnates.com
Russia is preparing a legal framework that would bring digital assets into a structure similar to its traditional financial market. Under the draft proposal, licensed brokers would serve as the mandatory access point for retail crypto trading. This comes as the European Union considers banning crypto activity with Russia. The EU plans focus on cross-border limits, while Russia aims to regulate domestic crypto activity. The Central Bank and the Ministry of Finance drafted the proposal. Officials expect the new structure to be operational by July 2027. At its core, the plan requires retail investors to access digital ...
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