Russia: Central Bank Proposes Amendment of Digital Assets Law to Include Tokenization Platforms

Anastasia Bogdanova | February 18, 2020
img0 In an announcement dated February 17, 2020, the Central Bank of Russia (CBR) stated that it had successfully completed a blockchain tokenization pilot using a platform developed by Nornickel within its regulatory sandbox. Incoming Changes to Russia’s Proposed Crypto Legislation? Following the steps of other global superpowers, Russia has amped up its efforts to become one of ...

NorNickel gets Russian central bank go ahead for blockchain tokenized assets

Anastasia Bogdanova | February 17, 2020
img0 Following a successful Bank of Russia blockchain pilot using its sandbox, the central bank has given the green light to a Norlisk Nickel (NorNickel) digital asset tokenization platform. The approval is subject to the new federal law “On Digital Financial Assets” coming into force. Currently, Russian legislation requires digital platforms to be operated by banks and exchanges. ...