DeFi Intel

Russia: Crypto cannot exceed 25% at brokers

The Bank of Russia published a draft regulation limiting crypto in market professionals' accounts. Brokers, managers, forex dealers, and crypto exchange platforms can include certain cryptocurrencies in equity calculations, but their value cannot exceed 25% of total assets used to determine equity. Assets must be admitted on a Russian organized market and held by a recognized custodian.

Read full article on Cointribune.com →

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