Central Bank proposes legal framework for tokenization

Anastasia Bogdanova | February 19, 2020
img0 The Central Bank of Russia (CBR) has formally proposed a legal framework for tokenization, but also plans to label cryptocurrency transactions as suspicious activity, it said in a press release Monday, Coin Desk writes in the article Russia’s Central Bank Proposes New Token Framework, but Labels Crypto Transactions ‘Suspicious’. The CBR announced it had successfully piloted a ...

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 ...