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The Central Bank of Russia is working on integrating crypto assets into the local financial system

2022/11/07 23:28

The CBR released a report on digital assets, focusing on integrating them into financial systems. Main areas of concern included proper taxation and regulation of digital asset issuance — familiar themes in crypto regulatory discussions worldwide.
In a Telegram post on today's report, the CBR noted its interest in "opening the domestic market to foreign issuers from friendly countries."
The report also noted that the CBR is working on a separate report focusing on the digital ruble, a central bank digital currency that the CBR has said it will be piloting in 2023.
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